StockWatch
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Industrial Gases
Shareholding5 Jun 2026, 04:15 pm

Stallion India Fluorochemicals: Neomile Sells Stake Under Takeover Rules

AI Summary

Neomile Corporate Advisory Ltd and Neomile Growth Fund - Series I, through Neomile Asset Managers Pvt. Ltd., have disclosed a sale of shares in Stallion India Fluorochemicals Ltd. The transaction, conducted via open market operations between June 1st and June 4th, 2026, resulted in a reduction of their shareholding. The exact percentage change and final holding details are provided in the disclosure, adhering to SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquirers are not part of the promoter group.

Key Highlights

  • Neomile entities sold shares in Stallion India Fluorochemicals.
  • Transaction occurred via open market between June 1-4, 2026.
  • Disclosure made as per SEBI Takeover Regulations.
  • Acquirers are not part of the promoter group.
  • Sale impacts substantial shareholding in the target company.