Sanjay Otawat Further Reduces Stake in Arman Holdings Through Additional Sale
Sanjay Otawat and associated entity Varigate Advisory Services have conducted another share disposal in Arman Holdings Limited, selling 6,003 shares on January 29, 2026. This follows their previous transaction on January 27, 2026, bringing their combined shareholding down to 9.00% from an initial 9.31%. The transactions were executed through open market sales on BSE Limited and comply with SEBI disclosure regulations.

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Sanjay Otawat has filed another regulatory disclosure regarding the disposal of equity shares in Arman Holdings under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following a previous transaction on January 27, 2026, an additional disposal was executed through open market sale on January 29, 2026, involving persons acting in concert.
Latest Transaction Details
The recent share disposal involved Varigate Advisory Services (P) Ltd and Sanjay Otawat, who are acting in concert but do not belong to the promoter or promoter group. The latest transaction details are presented below:
| Parameter: | Details |
|---|---|
| Transaction Date: | January 29, 2026 |
| Mode of Sale: | Open Market |
| Total Shares Sold: | 6,003 |
| Stock Exchange: | BSE Limited |
| Scrip Code: | 538556 |
Updated Shareholding Pattern Changes
The latest disposal resulted in further changes to the shareholding pattern of the entities acting in concert:
Before the Latest Transaction
| Entity: | Number of Shares | Percentage Holding |
|---|---|---|
| Varigate Advisory Services (P) Ltd: | 227,500 | 4.37% |
| Sanjay Otawat: | 247,500 | 4.75% |
| Combined Total: | 475,000 | 9.12% |
Latest Transaction Breakdown
| Entity: | Shares Sold | Percentage Sold |
|---|---|---|
| Varigate Advisory Services (P) Ltd: | 6,003 | 0.12% |
| Sanjay Otawat: | 0 | 0.00% |
| Total Disposal: | 6,003 | 0.12% |
After the Latest Transaction
| Entity: | Number of Shares | Percentage Holding |
|---|---|---|
| Varigate Advisory Services (P) Ltd: | 221,497 | 4.25% |
| Sanjay Otawat: | 247,500 | 4.75% |
| Combined Total: | 468,997 | 9.00% |
Company Capital Structure
Arman Holdings Limited's equity share capital remained unchanged following both transactions. The company's capital structure details are:
| Parameter: | Details |
|---|---|
| Equity Share Capital: | Rs. 5,21,05,000 |
| Number of Equity Shares: | 52,10,500 |
| Face Value per Share: | Rs. 10 |
| Total Diluted Share Capital: | Rs. 5,21,05,000 |
Regulatory Compliance
The disclosure was filed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to BSE Limited's Department of Corporate Services, with a copy provided to the Company Secretary of Arman Holdings Limited. The disclosure ensures transparency in substantial shareholding changes and maintains regulatory compliance for market participants. The combined transactions have reduced the total holding of the persons acting in concert from 9.31% to 9.00% over the two-day period.
Historical Stock Returns for Arman Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.42% | +6.89% | +7.62% | +7.76% | +35.07% | +107.31% |

































