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

FII holding above 10%Creeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

SRTL · 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

-5.0%Reaction day

₹64.44

prior close

₹61.22

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.9% vs market

Other Textile Products peers, median of 178sector-0.0%-5.0% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 5.0 pts less than its Other Textile Products 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-0.1-4.9-0.0-5.0

Next day

-9.7-2.8-7.0-2.2-7.6

-11.9-0.4-11.5-1.3-10.6

-16.9-0.5-16.3-1.7-15.1

-21.0-0.9-20.1-1.1-19.9

-24.9-3.7-21.2-3.7-21.2

-25.2-3.4-21.8-4.0-21.2

15d

-37.0-7.8-29.2-11.0-26.0

-29.3-1.8-27.4-3.2-26.1

-24.7+15.5-40.2+8.3-33.0

-36.1+14.4-50.4+2.2-38.3

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 178Pending

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

AI summary

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.

Likely market impact

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.