Arkade Developers Promoter Amit Jain Acquires 1 Lakh Shares Worth ₹1.08 Crore
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.93% | -6.03% | -14.65% | -42.51% | -29.94% | -37.59% |


































