Emerging Market Fund Acquires Shares in Pashupati Cotspin Ltd
The acquisition of shares in Pashupati Cotspin Limited has been executed by two CRAFT EMERGINGMARKETFUND entities. The move involves an open market purchase, resulting in the funds holding 10,132,543 shares of the company.CRAFT EMERGINGMARKETFUND PCC - CITADEL CAPITAL FUND and CRAFT EMERGINGMARKETFUND PCC - ELITE CAPITAL FUND completed the acquisition in February 2025. The entities purchased the shares through the open market. Prior to this transaction, both acquiring parties held zero shares in Pashupati Cotspin Limited.
The acquisition details show that the acquired shares represent a 6.42% stake in the total diluted share or voting capital of Pashupati Cotspin Limited. Both investment entities were identified as non-promoter entities during the transaction process.
| Details | Value |
|---|---|
| Target Company | Pashupati Cotspin Limited |
| Acquiring Entities | CRAFT EMERGINGMARKETFUND PCC - CITADEL CAPITAL FUND & CRAFT EMERGINGMARKETFUND PCC - ELITE CAPITAL FUND |
| Market of Acquisition | BSE |
| Mode of Acquisition | Open Market |
| Shares Acquired | 10,132,543 |
| Percentage Stake (Diluted Capital) | 6.42% |
| Date of Acquisition | February 2025 |
PASHUPATI Stock Price Movement
Shares of Pashupati Cotspin Limited shed value on Friday, closing at ₹89.59 after slipping 2.73%. The stock saw a total traded volume of 129,996 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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