The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neomile Corporate Advisory Ltd & Neomile Growht ....
STALLION · price
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Awaiting price reaction for this filing.
Neomile Corporate Advisory Limited and Neomile Growth Fund-Series 1 together acquired 24,90,878 equity shares (3.14%) of Stallion India Fluorochemicals Ltd through open market purchases on 22nd April 2025. This raised their combined holding from 25,26,568 shares (3.19%) to 50,17,446 shares (6.33%) of the company. The acquirers confirmed they do not belong to the promoter or promoter group of the company. The acquisition was done via open market and crossed the 5% substantial shareholder threshold, triggering the SAST disclosure requirement under Regulation 29(1).
A non-promoter institutional investor (Neomile) has built a meaningful 6.33% stake in a single transaction, which may signal institutional conviction in the stock. Investors should monitor further disclosures as another 1% acquisition by this acquirer could trigger another SAST filing.