Arun Damji Gada Reduces Shareholding in Arman Holdings Limited to 10.13%

Arun Damji Gada and his group of associates have disclosed the disposal of equity shares in Arman Holdings Limited, filing the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was completed through open market sales on November 13, 2025.

Share Disposal Details

The disposal involved a total of 63,848 equity shares, executed entirely by Pushpa Geethan Gada among the group members. The transaction reduced the collective holding of Arun Damji Gada and his associates from 11.35% to 10.13% of the company's total share capital.

Transaction Parameter:	Details
Total Shares Sold:	63,848 shares
Transaction Date:	November 13, 2025
Mode of Sale:	Open Market
Percentage Reduction:	1.22%

Holdings Before and After Transaction

Prior to the disposal, the group collectively held 5,91,560 shares representing 11.35% of Arman Holdings Limited. The primary changes occurred in Pushpa Geethan Gada's holdings, where one entity completely divested 8,407 shares (0.16%) and another reduced holdings by 55,441 shares from 77,000 to 21,559 shares.

Shareholding Summary:	Before Transaction	After Transaction	Change
Total Group Holding:	5,91,560 shares (11.35%)	5,27,712 shares (10.13%)	-63,848 shares (-1.22%)
Arun Damji Gada:	1,05,755 shares (2.02%)	1,05,755 shares (2.02%)	No change
Kalpesh Damji Gada:	1,06,400 shares (2.04%)	1,06,400 shares (2.04%)	No change
Pushpa Geethan Gada (Combined):	85,407 shares (1.64%)	21,559 shares (0.41%)	-63,848 shares (-1.23%)

Company Capital Structure

Arman Holdings Limited's equity share capital remained unchanged following the transaction. The company maintains its capital structure with 52,10,500 equity shares of ₹10 face value each, totaling ₹5.21 crores in equity share capital.

Regulatory Compliance

The disclosure was filed in compliance with SEBI regulations, confirming that Arun Damji Gada and his associates do not belong to the promoter or promoter group category. The group includes 13 individuals acting in concert, with the transaction executed by specific members while others maintained their existing shareholdings.

Key Stakeholders

The persons acting in concert include family members across the Gada family, comprising Arun Damji Gada, Kalpesh Damji Gada, Kirit Damji Gada, and their respective family members including spouses and children. Post-transaction, individual holdings within the group range from minimal stakes of 30 shares to significant positions exceeding 1,00,000 shares.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.12%	+2.02%	+14.36%	+33.10%	+48.53%	+94.23%

Arman holdings Limited has received a disclosure from Lalchand Moolchand Mehta regarding the sale of equity shares under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The transaction was executed on January 5, 2026, through open market sales involving both Lalchand Moolchand Mehta and his associated person Sushila Lalchand Mehta.

Transaction Details

The share sale involved two parties acting in concert, with specific quantities sold by each individual. The transactions were conducted through open market operations, representing a reduction in their collective stake in the company.

Seller	Shares Sold	Percentage of Total Capital
Lalchand Moolchand Mehta	7,000	0.13%
Sushila Lalchand Mehta	13,000	0.25%
Total Shares Sold	20,000	0.38%

Shareholding Pattern Changes

The sale resulted in a reduction of the combined shareholding of both parties. Prior to the transaction, their collective holding stood at 9.43% of the company's total share capital, which decreased to 9.04% following the completion of the sale.

Shareholder	Before Sale	After Sale	Change
Lalchand Moolchand Mehta	185,061 shares (3.55%)	178,061 shares (3.42%)	-0.13%
Sushila Lalchand Mehta	306,133 shares (5.88%)	293,133 shares (5.62%)	-0.25%
Combined Holding	491,194 shares (9.43%)	471,194 shares (9.04%)	-0.38%

Company Capital Structure

Arman Holdings Limited's equity share capital remained unchanged following the transaction. The company maintains its capital structure with no dilution or expansion of the share base.

Parameter	Details
Total Equity Share Capital	₹5.21 crores
Number of Equity Shares	52,10,500 shares
Face Value per Share	₹10.00
Stock Exchange Listing	BSE Limited (Scrip Code: 538556)

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The sellers do not belong to the promoter or promoter group category of Arman Holdings Limited. The transaction details have been formally communicated to BSE Limited, where the company's shares are listed, ensuring full regulatory compliance and transparency in the shareholding changes.