The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neomile Corporate Advisory Ltd & Neomile Growth ....
STALLION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Neomile Corporate Advisory Ltd, Neomile Growth Fund-Series I, Kirtan Rupareliya, and Neomile India Opportunity Fund sold 29,33,472 shares (2.53% of paid-up capital) of Stallion India Fluorochemicals via open market between June 1 and June 4, 2026. Their combined holding fell from 1,43,83,538 shares (12.39%) to 1,14,50,066 shares (9.86%), thereby crossing below the 10% disclosure threshold. The sellers are explicitly NOT part of the promoter/promoter group. Total equity share capital of the company remains unchanged at 11,60,85,737 shares.
This is a non-promoter institutional sell-down, which may create short-term supply pressure on the stock and signal weakening conviction by an institutional holder. However, since no promoter is involved, governance and control implications are limited.