In a bold move, investment firm NeoMile Capital, along with persons acting in concert (PACs), has increased its stake in ArisInfra Solutions Ltd. to 5.13 % through open market acquisitions between September 18 and September 22.
Details of the Acquisition
According to the regulatory filing under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, NeoMile and its PACs acquired 29,38,022 equity shares of ArisInfra during the specified period. Prior to this purchase, their aggregate holding stood at 12,20,077 shares, representing 1.51 % of the company’s total share capital. After the acquisition, the combined holding climbed to 41,58,099 shares, repre
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