Neomile trims 4.05% stake in ArisInfra via open market sale
ARIS · price
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On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.7 pts more than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Neomile Corporate Advisory Ltd and Neomile Growth Fund-Series 1 (non-promoter, acting in concert) sold 33,11,730 shares (4.05%) of ArisInfra Solutions in the open market on 28 April 2026. Their combined holding dropped from 5.09% (41,58,099 shares) to 1.04% (8,46,369 shares). Disclosure filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
Sharp cut by an institutional holder may pressure the stock and signal weak conviction; investors should watch for follow-through selling and price action.