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Ketan Ratilal Patel Increases Stake in Arvind Smartspaces to 5.60%

Ketan Ratilal Patel Increases Stake in Arvind Smartspaces to 5.60%

September 04, 2025 / 16:28 IST
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Ketan Ratilal Patel has increased his shareholding in Arvind Smartspaces Ltd. to 5.60% following a recent acquisition of shares. According to a regulatory filing, the purchase was made on September 3, 2025, through an open market transaction.

Prior to this acquisition, Ketan Ratilal Patel, classified as a non-promoter, held 25,63,001 shares, representing 5.59% of the total share/voting capital. With the purchase of 4,000 additional shares on September 3, 2025, his total holding has increased to 25,67,001 shares, which now accounts for 5.60% of the company's total share/voting capital.

The equity share capital/total voting capital of Arvind Smartspaces Ltd. before and after the acquisition remains unchanged at ₹4,58,49,479.

 

Details of Acquisition
ParticularsBefore AcquisitionAfter Acquisition
Shares carrying voting rights25,63,001 (5.59%)25,67,001 (5.60%)
Shares in the nature of encumbrance--
Voting rights (VR) otherwise than by equity shares--
Warrants/convertible securities/any other instrument--
Total25,63,001 (5.59%)25,67,001 (5.60%)

 

The acquisition was executed on September 3, 2025, and the disclosure was made in compliance with Regulation 29(1) & 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ketan Ratilal Patel has affirmed the details provided in the disclosure.

Alpha Desk
first published: Sep 4, 2025 04:28 pm

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