NewQuest Asia Fund IV cuts stake in Shadowfax Technologies via open market sale

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

SHADOWFAX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.7%Reaction day

₹276.20

prior close

₹282.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+4.6% vs market

Logistics Solution Provider peers, median of 44sector-0.2%+4.8% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 4.8 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.4

10m

+1.1

15m

+1.7

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.7+0.0+4.6-0.2+4.8

Next day

+4.8+1.3+3.5+1.3+3.5

+5.9+1.1+4.8+0.0+5.9

+3.3-1.7+5.0-1.8+5.1

+7.1-1.4+8.6-0.7+7.8

+7.0-0.6+7.6-1.5+8.5

+6.6+0.3+6.3+0.0+6.5

15d

+5.6-6.1+11.7-6.1+11.6

—————

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 44Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NewQuest Asia Fund IV (Singapore) Pte. Ltd., a non-promoter foreign investor, sold 1,50,00,396 equity shares of Shadowfax Technologies (about 2.56% of capital) in five open market tranches between 1 and 30 September 2026. Its holding fell from 9.26% to 6.69%, a drop of roughly 2.57 percentage points. The cumulative sales crossed the 2% disclosure threshold under SEBI takeover rules.

Likely market impact

Large FII selling of around 2.56% stake in open market may pressure the stock and signal weakening confidence from a major institutional holder.