Arkade Developers Promoter Amit Jain Acquires 1 Lakh Shares Worth ₹1.08 Crore

1 min read     Updated on 12 Mar 2026, 04:25 PM
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Reviewed by
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Overview

Arkade Developers Limited disclosed that promoter and Managing Director Amit Mangilal Jain acquired 1,00,000 equity shares worth ₹1.08 crore through open market transaction on March 12, 2026. The acquisition increased his shareholding from 66.66% to 66.71% of the company's total paid-up capital, with complete regulatory compliance under SEBI SAST Regulations 2011.

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*this image is generated using AI for illustrative purposes only.

Arkade Developers Limited has announced that its promoter and Managing Director, Mr. Amit Mangilal Jain, has acquired 1,00,000 equity shares of the company through open market purchase. The transaction was completed on March 12, 2026, with the company filing the required regulatory disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition was executed on the National Stock Exchange of India at an average price of ₹108.34 per share. The total transaction value amounted to ₹1.08 crore, representing 0.05% of the company's total paid-up capital.

Parameter: Details
Number of Shares Acquired: 1,00,000
Average Price per Share: ₹108.34
Total Transaction Value: ₹1.08 crore
Exchange: Open Market
Transaction Date: March 12, 2026

Shareholding Pattern Changes

Following this acquisition, Mr. Amit Jain's shareholding in Arkade Developers has increased from 66.66% to 66.71%. The purchase represents a marginal increase in his promoter holding.

Shareholding Details: Before Transaction After Transaction
Number of Shares: 12,37,57,808 12,38,57,808
Percentage Holding: 66.66% 66.71%
Change in Holding: - +0.05%

Regulatory Compliance

The disclosure was made under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mr. Jain, holding DIN 00139764, submitted the required disclosure to both BSE Limited and National Stock Exchange of India Limited on March 12, 2026. The company's reference number for this disclosure is ADL/SE/25-26/105.

Company Details: Information
Total Share Capital: ₹1,85,66,36,170
Total Equity Shares: 18,56,63,617 shares
Face Value per Share: ₹10
Listed Exchanges: BSE Limited, NSE Limited
BSE Scrip Code: 544261
NSE Symbol: ARKADE

The regulatory filing was signed by Company Secretary and Compliance Officer Sheetal Solani (Membership No: A45964) on behalf of the company. Mr. Jain continues to maintain his position as the company's Managing Director and largest promoter, ensuring transparency in substantial acquisition activities as mandated by SEBI regulations.

Historical Stock Returns for Arkade Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.93%-6.03%-14.65%-42.51%-29.94%-37.59%

Arkade Developers Announces Subsidiary Company Name Change to Assist 360 Facility Management

1 min read     Updated on 04 Mar 2026, 07:03 PM
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Reviewed by
Jubin VScanX News Team
Overview

Arkade Developers Limited has announced the name change of its wholly owned subsidiary from Arkade 360 Facility Management Private Limited to Assist 360 Facility Management Private Limited, effective March 04, 2026. The company filed this regulatory intimation with BSE and NSE pursuant to SEBI Listing Regulations. This subsidiary was originally incorporated in December 2025 and the name change represents a rebranding of the facility management business operations.

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*this image is generated using AI for illustrative purposes only.

Arkade developers Limited has announced a name change for its wholly owned subsidiary company, effective March 04, 2026. The company informed both BSE and NSE about this corporate development through a regulatory filing.

Subsidiary Name Change Details

The facility management subsidiary has undergone a complete rebranding, with the following changes:

Parameter: Details
Previous Name: Arkade 360 Facility Management Private Limited
New Name: Assist 360 Facility Management Private Limited
Filing Date: March 04, 2026
Subsidiary Status: Wholly Owned Subsidiary

Regulatory Compliance

The name change intimation was filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.

The company had previously informed exchanges about the incorporation of this wholly owned subsidiary on December 03, 2025. The recent name change represents a strategic rebranding of the facility management operations under the new "Assist 360" brand identity.

Corporate Communication

The intimation was signed by Amit Mangilal Jain, Chairman & Managing Director of Arkade Developers Limited, bearing DIN: 00139764. The communication was digitally signed and timestamped at 18:48:11 +05'30' on March 04, 2026.

Both stock exchanges - BSE (Scrip Code: 544261) and NSE (Symbol: ARKADE) - have been requested to update their records with this subsidiary name change information. This ensures proper disclosure and transparency for all stakeholders and investors.

Historical Stock Returns for Arkade Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.93%-6.03%-14.65%-42.51%-29.94%-37.59%

More News on Arkade Developers

1 Year Returns:-29.94%