Announced Tue, 23 Jun · 11:15 IST
Neomile Growth Fund sells 2.16 percent stake in Deepak Builders
Ownership Changes View source PDF
DBEIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.6%1-day move
₹8.96
prior close
₹8.52
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.6-5.7-6.7-10.3-13.6-5.5-10.3-19.3——
Up moveDown movePending
AI summary
Neomile Growth Fund - Series I sold 1,00,61,910 shares (2.16 percent) of Deepak Builders and Engineers India via open market between June 16 and June 22, 2026. The fund is NOT part of the promoter group. Its stake dropped from 10.06 percent (4.68 crore shares) to 7.90 percent (3.68 crore shares), crossing below the 10 percent threshold. Neomile is managed by Neomile Asset Managers Pvt Ltd.
Likely market impact
Major non-promoter institutional holder trims position below 10 percent, which may weigh on short-term sentiment.