The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neomile Growth Fund - Series I
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Neomile Growth Fund - Series I, a fund managed by Neomile Asset Managers Pvt. Ltd., has acquired 40,00,000 shares (10.01%) of Shree Ram Twistex Ltd through open market purchases on 2nd March 2026. Before this transaction, the fund held zero shares in the company and is not part of the promoter/promoter group. After the acquisition, the fund now holds 10.01% of the total voting capital (3,99,75,000 equity shares). The disclosure is filed under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, which mandates reporting when an acquirer crosses the 10% shareholding threshold.
A new non-promoter institutional fund holding over 10% stake indicates strong institutional interest in this small-cap company, which is positive for visibility. However, the concentrated block could also mean price sensitivity to any future buying or selling by this single institutional investor.