Arman Holdings Limited has filed a revised disclosure with BSE Limited under Regulation 29(2) of SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011, correcting a significant error in their previous submission. The revision addresses an unintentional typing mistake in the total shareholding figures reported in their November 26, 2025 disclosure.

Shareholding Correction Details

The primary correction involves adjusting the total shareholding after the transaction from 599,500 equity shares to 499,500 equity shares. This revision was necessitated by what the company describes as an unintentional typing error in their original filing.

Acquirer Information

The disclosure involves Varigate Advisory Services (P) Ltd as the primary acquirer, with Sanjay Otawat acting as a person acting in concert (PAC). Both entities are confirmed as non-promoter entities in relation to Arman Holdings Limited.

Pre-Transaction Holdings

Before the acquisition under consideration, the combined holdings of both entities were as follows:

Transaction Details

The actual transaction involved only Sanjay Otawat, who acquired 1,500 additional shares representing 0.03% of the total share capital. Varigate Advisory Services (P) Ltd did not acquire any additional shares during this transaction.

Post-Transaction Holdings

Following the corrected disclosure, the updated shareholding pattern shows:

Company Capital Structure

Arman Holdings Limited maintains a consistent equity share capital structure throughout the transaction period. The company's capital comprises ₹5.21 crores, consisting of 52,10,500 equity shares with a face value of ₹10.00 each. This capital structure remained unchanged both before and after the acquisition.

Regulatory Compliance

The revised disclosure was submitted to BSE Limited's Department of Corporate Services, with Sanjay Otawat signing as the authorized signatory. The filing includes comprehensive details as required under SEBI regulations, including PAN details for both entities involved in the transaction. The correction demonstrates the company's commitment to maintaining accurate regulatory filings and promptly addressing any discrepancies in their submissions.

Arman Holdings Limited has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the sale of equity shares by promoter group members. The transaction represents a reduction in the promoter group's collective shareholding in the company.

Transaction Details

The share sale involved two members of the promoter group disposing of their equity holdings through open market transactions. The following table summarizes the key transaction details:

Shareholding Changes

The share disposal involved specific members of the promoter group, with the following changes in their individual holdings:

Following the transaction, Pushpa Geethan Gada's holding decreased from 55,671 shares (1.07%) to 43,391 shares (0.83%), while Sapana Kalpesh Gada's holding reduced from 46,719 shares (0.90%) to 33,864 shares (0.65%).

Overall Promoter Group Impact

The collective promoter group holding, which includes 14 members acting in concert, experienced a reduction following this transaction:

The promoter group continues to maintain significant influence in the company despite the reduction in shareholding. Other promoter group members, including Arun Damji Gada, Kalpesh Damji Gada, and Kirit Damji Gada, retained their existing shareholdings without any changes.

Company Capital Structure

Arman Holdings Limited's equity share capital structure remains unchanged following the transaction. The company maintains its total equity share capital of ₹5.21 crores, comprising 52,10,500 equity shares with a face value of ₹10 each. The share sale represents an internal transfer of ownership from promoter group members to other investors without affecting the company's overall capital structure.

The disclosure was signed by Arun Damji Gada on behalf of the promoter group and submitted to BSE Limited's Department of Corporate Services in Mumbai. This transaction reflects the promoter group's decision to partially monetize their investment while maintaining their controlling interest in the company.