Arun Damji Gada Group Continues Stake Reduction in Arman Holdings Limited

2 min read     Updated on 06 Feb 2026, 09:24 PM
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Reviewed by
Jubin VScanX News Team
Overview

Arun Damji Gada group continues stake reduction in Arman Holdings Limited through another open market disposal. Sunita Kirit Gada sold 6,453 shares (0.12%) on November 13, 2025, reducing the group's collective holding from 6.04% to 5.91%. The group, which doesn't belong to promoter category, now holds 308,691 shares in the company.

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

Arman Holdings has received another disclosure from Arun Damji Gada regarding the disposal of equity shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The group has executed yet another open market sale, continuing their pattern of stake reduction in the company.

Latest Transaction Details

The recent disposal involved 6,453 equity shares, representing 0.12% of the company's total voting capital. The transaction was carried out by Sunita Kirit Gada, one of the persons acting in concert with Arun Damji Gada, through open market sale on November 13, 2025.

Parameter: Details
Transaction Type: Open Market Sale
Date of Transaction: November 13, 2025
Shares Disposed: 6,453
Percentage Disposed: 0.12%
Executed By: Sunita Kirit Gada

Cumulative Holdings Impact

The group's stake reduction continues with this latest transaction. Prior to this disposal, Arun Damji Gada and persons acting in concert collectively held 315,144 shares, representing 6.04% of the total share capital. Post-transaction, their collective holding reduced to 308,691 shares, constituting 5.91% of the total voting capital.

Holding Period: Number of Shares Percentage
Before Latest Transaction: 315,144 6.04%
After Latest Transaction: 308,691 5.91%
Change: -6,453 -0.12%

Individual Holdings Breakdown

The disclosure reveals the detailed holdings of persons acting in concert with Arun Damji Gada. After the latest transaction, Kalpesh Damji Gada holds 106,400 shares (2.04%), while Arun Damji Gada himself maintains 105,100 shares (2.01%). Arya Kirit Gada holds 38,500 shares (0.74%), and Khushboo Kalpesh Gada owns 37,600 shares (0.72%). Sunita Kirit Gada's holding reduced to 20,436 shares (0.39%) following the disposal.

Previous Transaction Context

This follows previous disposals where the group had reduced their holding through multiple transactions. The pattern shows consistent stake reduction by the group through open market sales, primarily executed by Sunita Kirit Gada.

Company Share Capital Structure

Arman Holdings Limited maintains an equity share capital of ₹5.21 crore, comprising 52,10,500 equity shares with a face value of ₹10 each. The company's shares are listed on BSE Limited under the code 538556. The total diluted share capital remains unchanged at ₹5.21 crore, indicating no outstanding convertible securities or warrants. None of the persons in the Arun Damji Gada group belong to the promoter or promoter group category.

Historical Stock Returns for Arman Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%+6.89%+7.62%+7.76%+35.07%+107.31%

Sanjay Otawat Continues Stake Reduction in Arman Holdings Under SEBI Regulations

2 min read     Updated on 06 Feb 2026, 11:18 AM
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Reviewed by
Shriram SScanX News Team
Overview

Arman Holdings received another regulatory disclosure from Sanjay Otawat regarding equity share disposal under SEBI regulations. Varigate Advisory Services sold 2,385 shares through open market on February 10, 2026, reducing the combined stake of persons acting in concert from 8.79% to 8.74%. This follows an earlier disposal, showing continued stake reduction by the entities.

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

Arman Holdings witnessed another regulatory disclosure from Sanjay Otawat regarding the disposal of equity shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The latest disclosure, submitted to BSE Limited on February 10, 2026, provides updated information about share transactions involving entities acting in concert.

Latest Transaction Details

The recent disclosure reveals that Varigate Advisory Services (P) Ltd, acting in concert with Sanjay Otawat, disposed of 2,385 equity shares through open market transactions on February 10, 2026. This follows an earlier disposal of 5,500 shares on February 4, 2026.

Parameter: Details
Transaction Date: February 10, 2026
Mode of Sale: Open Market
Shares Sold: 2,385 shares
Selling Entity: Varigate Advisory Services (P) Ltd

Updated Shareholding Pattern

The latest disposal resulted in a further reduction of the combined stake held by the persons acting in concert. The shareholding pattern shows the following updated positions:

Holding Period: Varigate Advisory Services Sanjay Otawat Combined Holding Combined Percentage
Before Latest Transaction: 210,500 shares (4.04%) 247,500 shares (4.75%) 458,000 shares 8.79%
After Latest Transaction: 208,115 shares (3.99%) 247,500 shares (4.75%) 455,615 shares 8.74%

Company Share Capital Structure

Arman Holdings Limited maintains its consistent equity share capital structure throughout both transaction periods. The company's share capital details remain unchanged:

Component: Details
Total Equity Capital: Rs. 5,21,05,000
Number of Shares: 52,10,500 equity shares
Face Value: Rs. 10 per share
Listing Exchange: BSE Limited
Scrip Code: 538556

Regulatory Compliance

Both disclosures were made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Key compliance aspects include:

  • Both Varigate Advisory Services (P) Ltd and Sanjay Otawat do not belong to the promoter or promoter group
  • The entities are classified as persons acting in concert (PAC)
  • PAN details provided: Varigate Advisory Services (AADCV4728J) and Sanjay Otawat (AAEPO7603F)
  • No encumbrances, voting rights other than shares, or convertible securities were involved in the transactions

The series of transactions represents a gradual reduction in the combined stake of the persons acting in concert, with their total shareholding decreasing by 0.05 percentage points in the latest transaction from 8.79% to 8.74% of Arman Holdings' total equity capital.

Historical Stock Returns for Arman Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%+6.89%+7.62%+7.76%+35.07%+107.31%

More News on Arman Holdings

1 Year Returns:+35.07%