Arman Financial promoter Himani Manakiwala disposes of 500 equity shares
- Himani Manakiwala sold 500 equity shares in the open market on August 28, 2026
- Her holding decreased from 4,893 shares (0.05%) to 4,334 shares (0.04%)
- The transaction was disclosed under SAST Regulation 29(2)
- Total equity share capital remains unchanged at ₹104,905,380

*this image is generated using AI for illustrative purposes only.
Arman Financial Services promoter Himani Manakiwala sold 500 equity shares in the open market on August 28, 2026. The disposal reduced her total holding in the company.
The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manakiwala’s stake decreased from 4,893 shares (0.05% of total voting capital) to 4,334 shares (0.04%).
Shareholding Details
| Metric | Before Disposal | After Disposal |
|---|---|---|
| Shares held | 4,893 | 4,334 |
| % of voting capital | 0.05% | 0.04% |
| Disposal size | - | 500 shares |
The company’s total equity share capital remains unchanged at ₹104,905,380, divided into 10,490,538 ordinary equity shares of ₹10 each.
What the Numbers Show
The sale represents a 10.2% reduction in Manakiwala’s personal holding. Despite the disposal, her stake remains minimal at 0.04% of the total voting capital, indicating limited influence on corporate control.
Historical Stock Returns for Arman Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.24% | -3.71% | -0.10% | +38.28% | +35.53% | +127.47% |
What are the primary motivations behind Himani Manakiwala's decision to reduce her stake in Arman Financial Services at this specific time?
How might this promoter disposal impact investor sentiment and the short-term trading volume of Arman Financial Services shares?
Are there indications of further planned share sales by other promoters or key insiders in the near future?


































