Pramod Gadiya sells entire 0.2% stake in Atharv Enterprises

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Pramod Gadiya sold 33,999 shares of Atharv Enterprises Ltd via open market transactions.
  • The sale represented 0.2% of the company's total equity share capital.
  • Post-transaction, Gadiya’s holding in the company stands at zero shares.
  • The transaction was disclosed under Regulation 29(2) of SEBI takeover regulations.
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Atharv Enterprises Ltd saw a complete exit by shareholder Pramod Gadiya, who sold 33,999 shares representing 0.2% of the company's equity. The disposal occurred through open market transactions between August 1, 2026, and September 15, 2026.

The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Gadiya, who did not belong to the promoter or promoter group, reduced his holding from 33,999 shares to zero. The shares are listed on BSE Limited.

Transaction details

The disclosure outlines the pre- and post-transaction holding status. The total diluted share capital of the company remained unchanged at 170,000,000 shares before and after the acquisition.

Metric Before Acquisition After Acquisition
Shares held 33,999 0
Percentage of total capital 0.2% 0%
Encumbered shares 0 0
Voting rights (VRs) 33,999 0

Regulatory context

The filing specifies that the mode of acquisition was the open market. The date of acquisition spans from August 1, 2026, to September 15, 2026. The total equity share capital and total voting capital of the target company remained constant at 170,000,000 throughout the period.

What the numbers show

The data indicates a clean exit rather than a partial reduction. Gadiya’s holding moved directly from 0.2% to 0%, with no residual shares or voting rights retained. This suggests a complete liquidation of his position in Atharv Enterprises during the specified two-month window.

Historical Stock Returns for Atharv Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-7.82%-7.82%+18.21%+31.76%0.0%

Will Atharv Enterprises see increased retail participation to fill the liquidity gap left by the exiting shareholder?

How might this complete exit influence institutional investor sentiment regarding the company's governance stability?

Are there upcoming regulatory filings indicating potential new substantial shareholders entering Atharv Enterprises?

Vandana Gadia raises stake in Atharv Enterprises to 18.63% via open market

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Vandana Gadia acquired 39,777 shares via open market
  • Holding increased from 18.40% to 18.63%
  • Transaction period: July 28, 2026 to September 30, 2026
  • Total voting capital remains unchanged at 17 crore shares
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Atharv Enterprises Ltd saw a minor increase in shareholding by Vandana Gadia, who acquired 39,777 shares through open market transactions. This acquisition raised her total holding to 18.63% of the company's voting capital.

The transaction, disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, occurred between July 28, 2026, and September 30, 2026. The filing was signed in Mumbai on October 7, 2026.

Acquisition details

Vandana Gadia, who does not belong to the promoter or promoter group, increased her stake from 18.40% prior to the acquisition. The purchase involved only equity shares carrying voting rights, with no involvement of warrants, convertible securities, or encumbered shares.

Metric Before Acquisition After Acquisition Change
Shares held 31,28,814 31,68,591 +39,777
% of voting capital 18.40% 18.63% +0.23%
Diluted capital % 18.40% 18.63% +0.23%

Shareholding structure

The company's total equity share capital and total voting capital remained unchanged at 17 crore shares before and after the acquisition. The total diluted share capital also stands at 17 crore shares, indicating no outstanding convertible securities that would alter the dilution profile upon conversion.

The shares are listed on BSE Limited. The mode of acquisition was strictly through the open market, reflecting a gradual accumulation strategy rather than a bulk block deal or preferential allotment.

Historical Stock Returns for Atharv Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-7.82%-7.82%+18.21%+31.76%0.0%

Will Vandana Gadia's continued accumulation push her stake above the 20% threshold, potentially triggering mandatory open offer obligations under SEBI takeover regulations?

How might this incremental increase in non-promoter institutional holding influence the company's corporate governance dynamics and board representation in upcoming elections?

Does the gradual open market accumulation signal a strategic long-term investment thesis that could attract other large investors to Atharv Enterprises?

More News on Atharv Enterprises

1 Year Returns:+31.76%