V. B. Investment Pvt. Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(1) and 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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V.B. Investment Pvt. Ltd., a promoter group entity of Aarvee Denims and Exports Limited (AARVEEDEN), has released a pledge on 23,20,900 shares, which is 9.89% of the company's total share capital. The event took place on 5th July 2025 and was reported to the exchanges on 10th July 2025. The pledge was originally held by BOBCapital Markets Limited. Post-release, V.B. Investment's encumbered (pledged) shares stand at zero, while its total promoter holding in the company remains at 9.89%.
This is a positive development for shareholders as it removes the risk of forced sale of pledged shares by the lender. A pledge release generally signals reduced leverage or improved financial standing of the promoter, which is viewed favorably by the market.