Top promoter and SAST deals highlight stake changes in ARVSMART, AWFIS, AREXMIS, and others. Stay updated with recent stock market disclosures.
Top Promoter & SAST Deals: Major Stake Changes in Key Indian Stocks
Mumbai, June 24, 2025 – In the latest round of market disclosures, several Indian companies witnessed significant changes in shareholding patterns, particularly through promoter transactions and SAST (Substantial Acquisition of Shares and Takeovers) filings. This week’s top movements signal growing institutional interest and continued promoter confidence in select mid-cap and small-cap companies.
Major Promoter Stake Increases
1. Arex Industries Ltd (AREXMIS)
Promoter Bhavna Dinesh Bilgi increased her stake by 4.45%, taking her total holding to 11.29% from 6.84%. The acquisition of 160,112 shares signals strong promoter commitment to the company’s growth trajectory.
2. Ajanta Soya Ltd (AJANTSOY)
Promoter Sri Ram Goyal raised his stake from 4.33% to 6.98%, marking a 2.65% increase. Ajanta Soya has seen renewed market interest in recent quarters, and this move may reinforce investor confidence.
3. Bengal Tea & Fabrics Ltd (BENGALT)
Shubha Kanoria, a promoter, marginally increased her holding from 4.99% to 5.82%. While the increase of 0.83% may appear small, it crosses the critical 5% threshold, drawing attention from market watchers.
4. Shradha Infraprojects Limited (SHRADHA)
Promoter entity SGR Ventures Pvt. Ltd. added 0.49% to their stake, moving from 1.47% to 1.96%. The modest acquisition shows consistent support from existing stakeholders.
5. Permanent Magnets Ltd (PERMAGN)
Sharad Jaiprakash Taparia increased his promoter stake by 0.35%, totaling 15.93%. As a legacy manufacturer in a niche sector, this holding increase could be a signal of confidence in long-term strategy.
High-Volume SAST Disclosures
1. Sai Life Sciences Ltd (SAILIFE)
Private equity firm TPG Asia VII SF Pte. Ltd. made a notable move by acquiring a 10% stake through a bulk deal. The acquisition may signify a strategic investment into India’s booming pharmaceutical research sector.
2. Manaksia Aluminium Company Ltd (MANAKALUCO)
Sunil Kumar Agrawal reported a 6.86% stake acquisition. This move aligns with broader interest in specialty metal firms as industrial activity accelerates.
3. Sai Silks (Kalamandir) Ltd (KALAMANDIR)
Two investors — Kalyan Srinivas Annam and Doodeswara Kanaka Durgarao Chalavadi — acquired 5.71% and 3.77% stakes respectively. Combined, these stake purchases cross the 9% mark, indicating significant investor appetite.
4. Le Travenues Technology Ltd (IXIGO)
Saif Partners India IV Ltd acquired a 2.84% stake in the recently listed travel-tech firm. With growing consumer travel demand, this move adds weight to IXIGO’s market positioning.
Notable Non-Promoter Acquisitions
1. Arvind Smartspaces Ltd (ARVSMART)
Bajaj Finance Ltd., a top NBFC player, acquired 500,000 shares, reaching a post-acquisition stake of 5.67%. This could indicate a strategic financial investment into the real estate and smart living sector.
2. Awfis Space Solutions Ltd (AWFIS)
Coworking major Awfis saw 360 ONE Prime Ltd acquire 3.25 million shares, bringing their holding to 8.77%. This deal reflects continued institutional interest in the flexible office space sector post-pandemic.
Key Takeaways
- Promoter confidence remains strong in companies like Arex Industries and Ajanta Soya.
- Institutional investors are making strategic entries into sectors such as pharmaceuticals (Sai Life), coworking (Awfis), and metals (Manaksia Aluminium).
- SAST disclosures are highlighting aggressive moves by individual and institutional investors, possibly ahead of Q2 earnings season.