StockWatch
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Non Banking Financial Company (NBFC)
Shareholding18 Sept 2026, 02:41 pm

Atul Jaiswal acquires 36.63% in Arco Leasing via preferential allotment

AI Summary

Atul Ramshankar Jaiswal, a proposed promoter of Arco Leasing Limited, has disclosed the acquisition of 3,974,680 equity shares through a preferential allotment. This transaction, completed on August 13, 2026, significantly increases his holding in the company. Prior to this acquisition, Jaiswal held 150 shares, representing 0.13% of the total share capital. Post-acquisition, his total stake now stands at 3,975,830 equity shares, which constitutes 36.63% of Arco Leasing Limited's total diluted share capital. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Atul Jaiswal acquired 3,974,680 shares via preferential allotment.
  • His stake in Arco Leasing increased to 36.63% post-acquisition.
  • Jaiswal is identified as a proposed promoter of the company.
  • The acquisition was completed on August 13, 2026.