Neomile Asset Managers Increases Stake in Stallion India Fluorochemicals to 12.39%

Stallion India Fluorochemicals has witnessed a significant stake increase by Neomile Asset Managers Pvt. Ltd. and its associated fund, as disclosed in a regulatory filing under SEBI's substantial acquisition regulations. The acquisition represents a notable expansion of the asset manager's position in the fluorochemicals company. Acquisition Details Neomile Asset Managers Pvt. Ltd., along with Neomile Growth Fund – Series I, acquired 1,04,39,203 shares of Stallion India Fluorochemicals Limited between March 4-6, 2026. The acquisition was executed through a combination of rights issue participation and open market purchases. Parameter: Details Shares Acquired: 1,04,39,203 Acquisition Method: Rights Issue + Open Market Acquisition Period: March 4-6, 2026 Percentage Acquired: 8.99% Shareholding Changes The transaction resulted in a substantial increase in Neomile's stake in the fluorochemicals company. Prior to this acquisition, the combined entities held a modest position in Stallion India Fluorochemicals. Holding Period: Number of Shares Percentage (%) Before Acquisition: 39,44,335 3.40% Shares Acquired: 1,04,39,203 8.99% After Acquisition: 1,43,83,538 12.39% Company Capital Structure Impact The acquisition coincided with changes in Stallion India Fluorochemicals' capital structure, likely due to the rights issue component of the transaction. The company's equity share capital expanded significantly during this period. Capital Structure: Share Count Equity Capital Before: 7,93,25,254 Equity Capital After: 11,60,85,737 Total Diluted Capital: 11,60,85,737 Regulatory Compliance The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing was submitted to both NSE (scrip code: STALLION) and BSE (scrip code: 544342) on March 6, 2026. Neomile Asset Managers and Neomile Growth Fund – Series I are not part of the promoter or promoter group of Stallion India Fluorochemicals Limited. The acquisition represents a strategic investment by the asset management firm in the fluorochemicals sector. Market Presence Stallion India Fluorochemicals Limited maintains its listing on both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The company operates from its registered office in Mumbai's Malad West area and continues to be actively traded on both exchanges following this significant shareholding change. Nippon Life India Asset Management Limited has announced Income Distribution cum Capital Withdrawal (IDCW) distributions for select mutual fund schemes, providing returns to investors through its diversified portfolio offerings. The trustee of Nippon India Mutual Fund approved the distributions with March 10, 2026 serving as the record date for determining eligible unitholders. Distribution Details and Scheme Performance The IDCW distributions cover two key mutual fund schemes with varying distribution amounts based on their performance and available surplus. The announcement affects both regular and direct plan options under the Income Distribution cum Capital Withdrawal category. Scheme Name Distribution Amount (₹ per unit) NAV as on March 04, 2026 (₹ per unit) Nippon India Balanced Advantage Fund - IDCW Option - 31.58 Nippon India Balanced Advantage Fund - Direct Plan - IDCW Option 0.22 45.18 Nippon India Multi Asset Allocation Fund - IDCW Option - 23.99 Nippon India Multi Asset Allocation Fund - Direct Plan - IDCW Option 0.15 25.86 Record Date and Payment Structure The record date of March 10, 2026 determines eligibility for IDCW payments, with provisions for adjustment if the date falls on a non-business day. The distribution will be processed to the immediately following business day if necessary, ensuring seamless payment processing for unitholders. Income distribution will be executed net of tax deducted at source, as applicable under current regulations. The company has specified that IDCW payout will be limited to the mentioned distribution amount per unit or available distributable surplus as of the record date, whichever is lower. Impact on NAV and Unitholder Benefits Following the dividend payment, the Net Asset Value (NAV) of the schemes will decrease proportionally to reflect the payout amount and any applicable statutory levies. This standard practice ensures accurate valuation post-distribution while maintaining transparency in fund management. For units held in demat form, IDCW payments will be made to unitholders whose names appear in the statement of beneficial owners maintained by depositories under the respective IDCW plan options. All eligible unitholders under the IDCW plans whose names appear on the register as of the record date will receive the declared distributions. The announcement reinforces Nippon Life India Asset Management Limited's commitment to delivering consistent returns to investors through its professionally managed mutual fund schemes, with the company continuing to emphasize that mutual fund investments are subject to market risks. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.