Varigate Advisory, Sanjay Otawat sell 0.10% stake in Arman Holdings
- Varigate Advisory Services and Sanjay Otawat sold a combined 0.10% stake in Arman Holdings
- The transaction involved the disposal of 5,000 equity shares by Varigate Advisory Services
- The sellers' aggregate holding dropped from 5.59% to 5.49% of total diluted share capital
- The sale was executed via the open market on September 8, 2026

*this image is generated using AI for illustrative purposes only.
Varigate Advisory Services (P) Ltd and Sanjay Otawat disposed of a combined 0.10% stake in Arman Holdings through an open market transaction on September 8, 2026.
The sellers, who are not part of the promoter group, reduced their aggregate holding in the company. The disposal was disclosed to the BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011.
Transaction Details
Varigate Advisory Services sold 5,000 equity shares, while Sanjay Otawat did not transact any shares during this period. The transaction took place in the open market.
| Entity | Shares Sold | Stake Change |
|---|---|---|
| Varigate Advisory Services (P) Ltd | 5,000 | 0.10% |
| Sanjay Otawat | 0 | 0.00% |
Post-Transaction Holdings
Following the sale, the combined holding of the sellers decreased from 5.59% to 5.49% of the total diluted share capital. Varigate Advisory Services now holds 68,600 shares (1.32%), while Sanjay Otawat retains 217,500 shares (4.17%).
Arman Holdings has an equity share capital of ₹5,21,05,000, comprising 52,10,500 equity shares with a face value of ₹10 each. This capital structure remained unchanged after the transaction.
Historical Stock Returns for Arman Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.68% | +0.34% | -1.83% | +4.16% | +32.10% | 0.0% |
Could this stake reduction by Varigate Advisory Services signal a broader shift in institutional sentiment towards Arman Holdings?
How might the remaining 5.49% holding by these non-promoter entities influence future corporate governance or strategic decisions at Arman Holdings?
What are the potential market implications for Arman Holdings' stock price given the open market disposal and the unchanged promoter group stance?

































