The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for 360 ONE Special Opportunities Fund Series 4 & Others
NORTHARC · price
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On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 5.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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360 ONE Alternates Asset Management, acting as investment manager for three Special Opportunities Funds (Series 4, 5, and 7), has sold its entire stake of 1,95,10,916 shares (12.09% of total share capital) in Northern Arc Capital Limited through open market transactions. The sale was completed on June 20, 2025, reducing the funds' combined holding from 12.09% to NIL. The acquirer is not part of the promoter/promoter group. This disclosure was filed under SEBI SAST Regulation 29(2) because the holding change exceeded the 2% reporting threshold.
A large institutional investor (360 ONE funds) has completely exited its position in Northern Arc Capital, which could create short-term selling pressure on the stock as the 12% stake is absorbed by the market. Existing shareholders should monitor price action around the sale and watch for new disclosures on who has picked up these shares.