The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neomile Corporate Advisory Ltd & Other
STALLION · price
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Neomile Corporate Advisory Ltd, Neomile Growth Fund-Series I, and Kirtan Rupareliya (acting in concert, and not part of the promoter group) have sold 10,73,111 shares (1.36% of voting capital) of Stallion India Fluorochemicals Ltd through open market transactions between 8th July 2025 and 17th July 2025. This reduced their combined holding from 50,17,446 shares (6.33%) to 39,44,335 shares (4.97%) of the company. The total equity share capital of the company stands at 7,93,25,254 shares. The disclosure was filed because the sale exceeded the 1% threshold that triggers mandatory reporting under SEBI's Takeover Regulations.
A non-promoter institutional investor reducing its stake below 5% signals some profit-booking or portfolio rebalancing, which could create mild short-term selling pressure on the stock. However, since the seller is not a promoter, this does not raise concerns about the company's fundamentals or management confidence.