The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bowhead India Fund
POKARNA · price
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Awaiting price reaction for this filing.
Bowhead India Fund, a Mauritius-based foreign investor, bought 5,891 equity shares of Pokarna Limited on 17th December 2025 through the open market. This small purchase nudged its holding from 4.983% to 5.002%, crossing the 5% disclosure threshold under SEBI takeover rules. The acquirer is not part of the promoter group, and the total share capital remains unchanged at 3.10 crore equity shares of Rs 2 each. The disclosure was filed on 30th December 2025, signed by Mishakh Dilip Doshi as the authorized signatory.
This is a routine FII crossing the 5% regulatory threshold, not a promoter action, so it has minimal direct impact on shareholders. However, it signals continued foreign investor interest in Pokarna, though the incremental purchase size is very small and unlikely to move the stock price.