Aarvee Denims & Exports Limited — Important, 14-04-2025: Updates

Jaimin Kailash Gupta has disclosed a significant acquisition of equity shares in Aarvee Denims and Exports Limited, acquiring 809,742 shares through an off-market transfer as part of a Share Purchase Agreement. Following this transaction, Gupta's total shareholding rises to 8,660,990 shares, representing 36.92% of the company's paid-up equity. Collectively, including shares held by Persons Acting in Concert (PAC), the total ownership reaches 8,885,169 shares, or 37.87% of equity. The acquisition aligns with previously established agreements and signifies a consolidation of control over the target company, positioning Gupta and his PAC as part of the promoter group. Investors should monitor how this change in control may influence the company’s strategic direction moving forward.