Elevation Capital V Ltd Sells 2.13% Stake in Arman Financial Services
Elevation Capital V Ltd has disclosed the sale of 223,493 equity shares of Arman Financial Services Ltd through an open market transaction on April 8, 2026. This disposal reduced Elevation Capital's stake in Arman Financial Services by 2.13%, bringing their total shareholding from 10.35% (1,088,100 shares) to 8.22% (864,607 shares). The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The equity share capital of Arman Financial Services remains at ₹105,129,210, comprising 10,512,921 equity shares.
Key Highlights
- Elevation Capital V Ltd sold 223,493 shares of Arman Financial Services.
- The open market sale reduced their stake by 2.13% on April 8, 2026.
- Post-sale, Elevation Capital's holding is 8.22% (864,607 shares).
- The disclosure was made under SEBI Takeover Regulations 29(2).
Price Impact
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