Neomile Acquires Shares in Innovision Ltd, Increasing Stake to 15.88%
Neomile Corporate Advisory Ltd, alongside related investment vehicles, acquired a significant stake in Innovision Limited between April 20th and April 22nd, 2026. The acquisition of shares in the open market increased the collective holding of the group in the company.The acquiring group, comprising Neomile Corporate Advisory Ltd, Kirtan Rupareliya, Neomile Growth Fund - Series I, and Neomile India Opportunity Fund, previously held 20,88,956 shares carrying voting rights, representing 8.77% of the total share/voting capital and 8.77% of the total diluted share/voting capital.
During the recent acquisition period, the group purchased 16,91,738 shares carrying voting rights. This acquisition accounted for 7.11% of the total share/voting capital and 7.11% of the total diluted share/voting capital.
Following the acquisition, the combined holding of the acquirer group rose to 37,80,694 shares carrying voting rights. This new holding represents 15.88% of the total share/voting capital and 15.88% of the total diluted share/voting capital of Innovision Limited.
The total equity share capital and total voting capital of Innovision Limited remained constant at 2,38,13,294 before and after the transaction, with the total diluted share/voting capital also recorded at 2,38,13,294.
The details of the transactions are summarized below:
| Metric | Before Acquisition | Acquisition Details | After Acquisition |
|---|---|---|---|
| Shares Held (Voting Rights) | 20,88,956 | 16,91,738 | 37,80,694 |
| % Stake (Voting Capital) | 8.77% | 7.11% | 15.88% |
| % Stake (Diluted Capital) | 8.77% | 7.11% | 15.88% |
The acquisition was conducted through the Open Market, with the transaction taking place between April 20th and April 22nd, 2026.
INNOVISION Stock Price Movement
On Wednesday, shares of Innovision Limited slipped by 2.28% to close at ₹343. The equity saw trading activity at a total volume of 260,381 shares.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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