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HomeNewsBusinessStocksKetan Ratilal Patel Increases Stake in Arvind Smartspaces to 5.60%

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 / 16:24 IST
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Ketan Ratilal Patel increases stake in Arvind Smartspaces Ltd. to 5.60% following open market acquisition on September 3, 2025, according to regulatory filing.

The non-promoter entity, Ketan Ratilal Patel, previously held 25,63,001 shares, representing 5.59% of total share/voting capital. The acquisition of 4,000 additional shares brings total holdings to 25,67,001 shares, now accounting for 5.60% of the company.

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

 

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 transaction, executed on September 3, 2025, complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 29(1) & 29 (2).

Ketan Ratilal Patel affirms details disclosed.

Alpha Desk
first published: Sep 4, 2025 04:24 pm

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