The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Craft Emerging Market Fund PCC - Citadel Capital ....
PASHUPATI · price
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Craft Emerging Market Fund PCC, through its Citadel Capital Fund and Elite Capital Fund sub-funds (both based in Mauritius), acquired 10,132,543 equity shares (6.42%) of Pashupati Cotspin Ltd via open market purchases in February 2025. The acquirer is not part of the promoter/promoter group and is a foreign institutional investor. Post-acquisition, the total holding stands at 10,132,543 shares representing 6.42% of the company's equity share capital of 15.78 crore shares. The acquisition was disclosed under SEBI SAST Regulation 29(1), and the filing is dated 5 June 2025.
A foreign fund taking a 6.42% stake signals institutional interest in the small-cap textile company, though the holding is below the 10% SAST disclosure threshold. Further purchases by the same acquirer could trigger additional disclosures and may support stock liquidity and price.