Shareholding11 April 2026 at 11:41 am
Chennupati Sarath Kumar sells 60.97 Lac shares of Arunjyoti Bio Ventures
AI Summary
Chennupati Sarath Kumar has disclosed the sale of 60,97,684 equity shares of Arunjyoti Bio Ventures Limited through open market transactions. The sales took place between March 23, 2026, and April 10, 2026. Prior to this transaction, Kumar held 2,01,98,822 shares, representing 10.84% of the company's total voting capital. Following the sale, his shareholding has reduced to 1,41,01,138 shares, which constitutes approximately 7.56% of the total diluted share capital. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Chennupati Sarath Kumar sold 60,97,684 equity shares.
- The shares were sold through open market transactions.
- His stake in Arunjyoti Bio Ventures decreased from 10.84% to approximately 7.56%.
- The sale occurred between March 23, 2026, and April 10, 2026.