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
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Neomile Corporate Advisory Ltd and Neomile Growth Fund-Series 1 (together acting as acquirers) disclosed a combined acquisition of 1,04,39,203 shares (8.99%) of Stallion India Fluorochemicals Ltd, taking their total holding from 3.40% (39,44,335 shares) to 12.39% (1,43,83,538 shares). The shares were acquired between 4th and 6th March 2026 through a combination of a rights issue and open market purchases, which also expanded the company's total share capital from about 7.93 crore to 11.61 crore equity shares. The acquirers are not part of the promoter group, making them external institutional investors crossing the 10% substantial shareholder threshold and triggering this mandatory disclosure.
A non-promoter fund substantially increasing its stake above 10% signals strong external institutional confidence in the company. Shareholders may view this as a positive endorsement, but should also note that the next SAST trigger (15%) is now within close range, which could lead to an open offer obligation if further purchases are made.