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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Bowhead India Fund, a Mauritius-based foreign investor, has filed a disclosure under SEBI SAST Regulation 29(1) after crossing the 5% substantial shareholder threshold in Pokarna Ltd. The fund acquired 5,891 shares (0.019%) in open market transactions, taking its total holding to 15,50,879 shares, which equals 5.002% of the company's share capital. The disclosure consolidates cumulative buy transactions made between September 2020 and December 2025 on the NSE, with purchase prices ranging from around Rs. 129 to Rs. 1,142 per share. The acquirer is not part of the promoter/promoter group, confirming this is purely an institutional (FPI) buy.
This is a routine regulatory disclosure triggered by the fund crossing the 5% shareholding mark, indicating sustained foreign institutional interest in Pokarna Ltd. For shareholders, it signals continued FPI confidence in the stock, though the incremental purchase itself is small.