Shareholding17 Apr 2026, 10:29 am
Chennupati Sarath Kumar sells 2.91% stake in Arunjyoti Bio Ventures
AI Summary
Chennupati Sarath Kumar has disclosed the sale of 5,425,516 equity shares of Arunjyoti Bio Ventures Ltd. The transaction, executed through open market operations between April 13 and April 16, 2026, reduced his shareholding from 7.57% (14,101,138 shares) to 4.66% (8,675,622 shares) of the company's total equity. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Chennupati Sarath Kumar sold 5,425,516 equity shares of Arunjyoti Bio Ventures.
- The sale reduced his stake by 2.91% in the company.
- His post-sale holding is 4.66% of Arunjyoti Bio Ventures' equity.
- The transaction was conducted through open market operations.
Price Impact
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