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 institutional investor, disclosed acquisition of 5,891 equity shares (0.019%) of Pokarna Ltd on 30 December 2025 through open market purchases. With this purchase, the fund's total holding has crossed the 5% mark, rising from 4.983% (15,44,988 shares) to 5.002% (15,50,879 shares). The acquirer confirmed it does not belong to the promoter or promoter group. The disclosure was filed under Regulation 29(1) of SEBI (SAST) Regulations, 2011, triggered by crossing the 5% substantial shareholder threshold. Pokarna's total equity share capital stood at 3,16,54,477 shares post-disclosure, with a market price of Rs.834.10 per share.
A foreign institutional investor crossing the 5% threshold is mildly positive for the stock as it signals continued institutional confidence. The incremental purchase is very small (0.019%), so the price impact is negligible, but it puts Bowhead India Fund on the radar as a notable shareholder worth tracking for further buying or selling activity.