The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neomile Corporate Advisory Ltd & Others

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

INNOVISION · price

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▲ 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

-4.9%1-day move

₹343.00

prior close

₹328.65

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0-0.2-0.0-0.5-4.9-3.7-5.3-3.2-6.4-5.7-10.2-10.4-15.7-16.6

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AI summary

Neomile Corporate Advisory Ltd along with three related entities (Kirtan Rupareliya, Neomile Growth Fund-Series I, Neomile India Opportunity Fund) disclosed acquisition of 16,91,738 shares (7.11%) in Innovision Ltd through open market purchases between 20th-22nd April 2026. Their total holding has increased from 8.77% to 15.88% of the company's share capital of 2,38,13,294 shares. The acquirers explicitly stated they do not belong to the Promoter/Promoter group of the target company.

Likely market impact

This represents a notable increase in stake by a group now holding nearly 16%, approaching the 25% threshold that would trigger mandatory open offer requirements under SEBI SAST regulations. The open market purchases over 3 days suggest deliberate accumulation.