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.

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:

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:

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.

Arman Holdings Limited has announced a comprehensive board meeting scheduled for February 13, 2026, at its registered office in Surat. The meeting will address multiple critical corporate matters, with the primary focus on approving the company's third quarter financial results for FY26.

Financial Results and Compliance Matters

The board will review and approve several key financial and compliance items during the meeting:

Corporate Governance and Structural Changes

The meeting agenda includes several significant corporate governance matters that require board approval:

• Memorandum of Association amendments: Addition and alteration in Object Clause as per Companies Act, 2013
• Articles of Association: Adoption of new Articles of Association in compliance with current regulations
• Director regularization: Approval for Mrs. Krishna Hareshbhai Bhatt (DIN: 11203423) as Independent Director
• Performance review: Assessment of Independent Directors' performance reports

Financial Transactions and Strategic Decisions

The board will consider approving inter-corporate loans, investments, guarantees, and acquisitions under Section 186 of the Companies Act, 2013. These decisions are subject to necessary regulatory approvals and demonstrate the company's strategic planning for business expansion and financial management.

Extra-Ordinary General Meeting Planning

A significant portion of the meeting will focus on planning an Extra-Ordinary General Meeting (EGM). The board will decide on calling the EGM and appoint a scrutinizer for the proceedings. This indicates that several agenda items will require shareholder approval beyond board authorization.

Independent Directors' Annual Meeting

Concurrently with the board meeting, Arman Holdings will conduct the Annual Meeting of Independent Directors on February 13, 2026, at 2:00 PM at the registered office. This meeting aligns with the provisions of the Companies Act, 2013, ensuring compliance with corporate governance requirements.

The comprehensive agenda reflects Arman Holdings' commitment to regulatory compliance and strategic corporate governance, positioning the company for continued operational excellence in the upcoming quarters.