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HomeNewsBusinessMarketsKetan Ratilal Patel Raises Stake in Arvind Smartspaces to 5.53%

Ketan Ratilal Patel Raises Stake in Arvind Smartspaces to 5.53%

Ketan Ratilal Patel Raises Stake in Arvind Smartspaces to 5.53%

August 21, 2025 / 12:16 IST
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    Ketan Ratilal Patel has increased his stake in Arvind Smartspaces Ltd to 5.53% through a purchase on August 20, 2025. This acquisition involved 10,000 shares, representing 0.02% of the total share/voting capital.

    Prior to this acquisition, Patel held 25,26,501 shares, which constituted 5.51% of the total share/voting capital. Following the acquisition, his total holding increased to 25,36,501 shares, representing 5.53% of the company's equity.

    The shares were acquired through an open market purchase.

     

    Details of Acquisition
    ParticularsBefore AcquisitionAcquisitionAfter Acquisition
    Shares carrying voting rights25,26,50110,00025,36,501
    % w.r.t. total share/voting capital5.51%0.02%5.53%
    % w.r.t. total diluted share/voting capital of the TC5.51%0.02%5.53%

     

    The acquisition was made on August 20, 2025. The equity share capital/total voting capital of Arvind Smartspaces Ltd before the acquisition was ₹4,58,49,479, and it remained the same after the acquisition.

    Arvind Smartspaces Ltd is the target company. Ketan Ratilal Patel, the acquirer, acted alone in this transaction.

    The shares were acquired through an open market purchase.

    Alpha Desk
    first published: Aug 21, 2025 12:15 pm

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