Arman Holdings disclosed a shareholding reduction by Varigate Advisory Services (P) Ltd and its person acting in concert, Sanjay Otawat, under SEBI SAST regulations.

Varigate Advisory sold 5,282 equity shares through the open market on August 27, 2026. The transaction reduced the entity’s stake by 0.10%.

Shareholding Changes

Varigate Advisory Services held 84,782 shares (1.63%) before the disposal. Post-transaction, the holding stands at 79,500 shares (1.53%). Sanjay Otawat’s stake remained unchanged at 217,500 shares (4.17%).

The combined group holding decreased from 5.80% to 5.70% of the total voting capital. Neither the acquirer nor the seller belongs to the promoter group.

Regulatory Details

The disclosure was filed with BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. Arman Holdings has an equity share capital of ₹5,21,05,000 comprising 52,10,500 equity shares of face value ₹10 each.

Arman Holdings Limited declared the voting results for its 44th annual general meeting on August 27, 2026. Shareholders unanimously approved all three resolutions, including the adoption of FY26 financials and board appointments.

The virtual meeting, held on August 26 via video conferencing, saw robust participation from the promoter group and public shareholders. The scrutinizer, Ms. Binu H Singh, submitted her consolidated report confirming that all resolutions passed with overwhelming support.

Voting Participation Details

The company reported a total shareholder base of 1,107 as on the record date. Of these, 19 shareholders attended the meeting through video conferencing or other audio-visual means. This included five promoters and 14 public shareholders.

Remote e-voting was open from August 21 to August 25, 2026. The total paid-up equity share capital stood at ₹5.21 crore (52,10,500 shares of ₹10 each) as on the cut-off date of August 19, 2026.

Resolution Outcomes

All three resolutions were passed unanimously. The detailed voting breakdown is as follows:

Resolution 1: Financial Statements

The ordinary resolution to adopt the audited financial statements for FY26 received 29,70,092 votes in favour and only 2 votes against. No invalid votes were recorded for this item. Promoter group members voted entirely in favour, while public non-institutional shareholders also supported the resolution overwhelmingly.

Resolution 2: Director Reappointment

Mrs. Priyadarshani Babel, who retires by rotation, was reappointed as a director. The resolution secured 29,40,942 votes in favour and 2 votes against. Notably, 29,150 shares were considered invalid as the holders were interested parties in this resolution. The promoter group voted unanimously in favour.

Resolution 3: Independent Director Appointment

Mr. Ravi Jitendra Modi was appointed as an independent non-executive director. This special resolution received 29,70,092 votes in favour and 2 votes against, with no invalid votes. The appointment strengthens the independent oversight on the board.

Scrutinizer’s Report

Ms. Binu H Singh, Practicing Company Secretary, served as the scrutinizer. Her report confirmed compliance with the Companies Act, 2013, and SEBI Listing Regulations. The e-voting facility was provided by National Securities Depository Limited (NSDL). The Chairman declared the results based on the consolidated report submitted by the scrutinizer.