Arman Holdings: Kirit Damji Gada Disposes 23,083 Shares in Open Market Transaction
Kirit Damji Gada disposed of 23,083 equity shares (0.44%) in Arman Holdings Limited through open market sale on November 13, 2025. The transaction reduced his individual holding from 1.26% to 0.82%, while the collective holding of persons acting in concert decreased from 8.09% to 7.65%. The disclosure was filed by Arun Damji Gada on January 20, 2026, under SEBI takeover regulations.

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Arun Damji Gada has filed a disclosure regarding the disposal of equity shares in Arman Holdings Limited under SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. The disclosure, dated January 20, 2026, pertains to a share sale transaction that occurred on November 13, 2025.
Transaction Details
The disclosure reveals that Kirit Damji Gada disposed of 23,083 equity shares of Arman Holdings Limited through an open market transaction. This sale represents 0.44% of the company's total share capital and diluted voting capital.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 23,083 |
| Transaction Date: | November 13, 2025 |
| Mode of Sale: | Open Market |
| Percentage of Total Capital: | 0.44% |
Holdings Before and After Transaction
The disclosure provides comprehensive details of shareholdings for all persons acting in concert before and after the transaction.
Pre-Transaction Holdings
| Shareholder: | Shares | Percentage |
|---|---|---|
| Arun Damji Gada: | 105,100 | 2.01% |
| Kalpesh Damji Gada: | 106,400 | 2.04% |
| Kirit Damji Gada: | 65,702 | 1.26% |
| Sunita Kirit Gada: | 67,000 | 1.29% |
| Arya Kirit Gada: | 38,500 | 0.74% |
| Khushboo Kalpesh Gada: | 37,600 | 0.72% |
| Total Group Holding: | 422,087 | 8.09% |
Post-Transaction Holdings
Following the disposal, Kirit Damji Gada's holding reduced to 42,619 shares, representing 0.82% of the total share capital. The collective holding of all persons acting in concert decreased to 399,004 shares, representing 7.65% of the company's total voting capital.
Company Capital Structure
Arman Holdings Limited maintains a consistent equity share capital structure throughout the transaction period. The company's equity share capital remains at ₹5.21 crores, comprising 52,10,500 equity shares with a face value of ₹10.00 each.
Regulatory Compliance
The disclosure was filed in compliance with Regulation 29(2) of SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. The persons acting in concert include multiple members of the Gada family, though they do not belong to the promoter or promoter group of the company. Arman Holdings Limited is listed on BSE Limited with the code 538556.
Historical Stock Returns for Arman Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.40% | -0.30% | +3.31% | +38.63% | +44.49% | +91.73% |












































