The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neomile Corporate Advisory Ltd
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Non-promoter entity Neomile Corporate Advisory Ltd (along with PACs Neomile Growth Fund-Series I and Kirtan Rupareliya) acquired 29,38,022 shares (3.62%) of ArisInfra Solutions through open market purchases between 18th and 22nd September 2025. This raised their combined holding from 12,20,077 shares (1.51%) to 41,58,099 shares (5.13%), crossing the 5% disclosure threshold under SEBI Takeover Regulations. The acquirer confirmed it does not belong to the promoter/promoter group, and the mode of acquisition was purely open market buying. The total equity share capital of ArisInfra stands at 8,10,48,526 shares.
A non-promoter investor has built a meaningful 5.13% stake through aggressive open market buying, which signals institutional confidence but also means any further purchases could trigger SEBI open offer obligations under creeping acquisition rules. Shareholders should watch for additional disclosures if the buying continues, as crossing further thresholds would require a mandatory open offer to all shareholders.