Aarvee Denims & Exports Limited — Insider Trade, 17-04-2025: Insider/ Institutional Trade

Aarvee Denims & Exports Limited has disclosed insider trading activity involving Jaimin Kailash Gupta, who acquired 1,51,571 equity shares of the company on April 11, 2025. Post-acquisition, Gupta's shareholding rose to 88,12,561 shares, which represents 37.57% of the paid-up equity share capital. Together with Persons Acting in Concert (PACs) including Tarachand Gangasahay Agrawal and Qmin Industries Limited, their collective holding increased to 90,36,740 shares, representing 38.52% of the paid-up equity share capital.

The acquisition was executed through an off-market transfer as per a Share Purchase Agreement dated September 5, 2024, and subsequent amendments. This transaction positions Gupta and the PACs to gain control over the company, with the acquirer eventually anticipated to be classified as a promoter according to regulatory provisions. Investors should note the potential impact of this ownership change on governance and future company strategies.