This is to inform you that we have received the disclosure under regulation 29(1) of the SEBI (SAST) Regulation 2011 dated 04/04/2026 from M/S Twinkle Mercantiles and Credits Private Limited.
Awaiting price reaction for this filing.
Twinkle Mercantiles and Credits Private Limited, a non-promoter shareholder, has sold 166,919,297 equity shares of Alstone Textiles (India) Ltd on the open market. The sale was conducted in multiple tranches between October 2025 and April 2026, reducing its holding from 5.07% (318,000,000 shares) to 2.41% (151,080,703 shares) of the company's total equity capital of 6,274,800,000 shares. The transaction did not involve any encumbrances, warrants, or convertible securities. The company has confirmed that Twinkle Mercantiles does not belong to the promoter/promoter group.
This represents a notable reduction in stake by a non-promoter shareholder, though the holding remains small at 2.41%. The gradual sale over six months suggests a controlled exit rather than a sudden distress sale, with limited direct impact on the company's operations or promoter holding.