Ketan Ratilal Patel has increased his shareholding in Arvind Smartspaces Ltd through an open market acquisition of 2,000 equity shares on January 21, 2026. The transaction was disclosed under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The acquisition represents a marginal increase in Patel's stake, bringing his total holding along with Person Acting in Concert (PAC) Krishna Ketan Patel to 5.69% from the previous 5.68%. The shares were acquired through open market purchase and carry voting rights.

Shareholding Pattern

Following the acquisition, Patel's individual holding increased to 26,07,201 shares representing 5.68% of the total share capital. His PAC Krishna Ketan Patel continues to hold 900 shares representing 0.00% of the total share capital.

Company Information

Arvind Smartspaces Ltd maintains its equity share capital at 4,58,66,979 shares, which remains unchanged following this acquisition. The company's shares are listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The disclosure indicates that neither the acquirer nor the PAC holds any shares in the nature of encumbrance, voting rights otherwise than by equity shares, or warrants/convertible securities that would entitle them to receive additional shares carrying voting rights in the company.

Regulatory Compliance

The transaction complies with SEBI regulations for substantial acquisition disclosures. Both Ketan Ratilal Patel (PAN: ABRPP7959F) and Krishna Ketan Patel (PAN: GAZPP7294G) have provided their signatures on the disclosure document dated January 21, 2026, from Ahmedabad.