Naresh Gattani HUF Acquires Shares in Atvo Enterprises Limited, Increasing Stake to 2.8013%
Naresh Gattani HUF, acting as part of a promoter group, has increased its stake in Atvo Enterprises Limited (formerly Vandana Knitwear Limited) following the acquisition of equity shares on June 30, 2026. The transaction was carried out through the open market.The acquisition significantly boosted the composite shareholding of Naresh Gattani HUF and Persons Acting in Concert (PAC). Before the transaction, Naresh Gattani HUF held 2,827,400 shares, representing a 2.6428% stake in the company.
The details of the acquisition are as follows:
- Acquirer: Naresh Gattani HUF
- Status: Promoter Group
- Target Company: Atvo Enterprises Limited (formerly Vandana Knitwear Limited)
- Shares Acquired: 169,500 shares
- Acquisition Mode: Open Market
Post-acquisition, the holdings of Naresh Gattani HUF increased to 2,996,900 shares, equating to a 2.8013% stake in Atvo Enterprises Limited.
The transaction details regarding the change in shareholding are presented below:
| Parameter | Before Acquisition | After Acquisition |
|---|---|---|
| Naresh Gattani HUF Shares | 2,827,400 (2.6428%) | 2,996,900 (2.8013%) |
| Acquisition Mode | N/A | Open Market |
The overall shareholding of the PAC in Atvo Enterprises Limited saw an increase, moving from a total stake of 55.8049% before the transaction to 55.9634% after the acquisition.
Atvo Enterprises Limited operates on BSE Limited (BSE). The company's equity share capital and total voting capital prior to the acquisition was Rs. 106,985,070, divided into 106,985,070 equity shares of Rs. 1/- each.
Stock Price Movement
Atvo Enterprises Ltd shares settled on Thursday at ₹32.59, edging higher after a 1.97% gain. The stock traded within an intraday range, moving between a low of ₹32.00 and the closing price of ₹32.59.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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