Twinkle Mercantiles Files Share Acquisition Disclosure Regarding Alstone Textiles
Twinkle Mercantiles and Credits Private Limited submitted a disclosure concerning its holdings in Alstone Textiles (India) Limited, detailing changes in its equity share stake. The submission relates to Regulation 29(1) of the SEBI (Substantial Acquisition Shares and Takeovers) Regulations, 2011.The disclosure provided detailed metrics regarding the acquisition or disposal of shares in Alstone Textiles (India) Limited. The reported holdings data shows the following details for the acquiring entity:
| Metric | Shares Carrying Voting Rights (Before Acquisition/Disposal) | % w.r.t. total share/voting capital | % w.r.t. total diluted share/voting capital |
|---|---|---|---|
| Holding | 318,000,000 | 5.07% | 2.66% |
The data further specified the following regarding the acquisition/disposal:
| Details | Before Acquisition/Disposal | Details of Sale | After Acquisition/Disposal |
|---|---|---|---|
| Shares carrying voting rights | 318,000,000 | 166,919,297 | 151,080,703 |
| % w.r.t. total share/voting capital | 5.07% | 5.07% | 4.94% |
| % w.r.t. total diluted share/voting capital | 2.66% | 2.66% | 2.56% |
The total shares before the transaction period showed varying percentages of holdings in Alstone Textiles (India) Limited across several dates in 2025 and 2026, reaching a peak holding of 47,500,000 shares, representing 0.76% of the total voting capital on 02.04.2026.
Following the reported activity, the total shares carrying voting rights after the transaction period were recorded as 151,080,703, equating to 2.41% of the total diluted share/voting capital.
The timeline of equity share capital/total voting capital for Alstone Textiles (India) Limited showed cumulative share figures on specific dates:
| Date | No. of Shares | % of Holdings |
|---|---|---|
| 10.10.2025 | 1,800,000 | 0.03 |
| 01.02.2026 | 15,000,000 | 0.24 |
| 03.02.2026 | 18,500,000 | 0.3 |
| 16.02.2026 | 25,000,000 | 0.4 |
| 24.02.2026 | 2,705,230 | 0.04 |
| 26.02.2026 | 5,624,495 | 0.09 |
| 20.03.2026 | 6,519,572 | 0.1 |
| 24.03.2026 | 11,770,000 | 0.19 |
| 27.03.2026 | 32,500,000 | 0.52 |
| 02.04.2026 | 47,500,000 | 0.76 |
Alstone Textiles (India) Ltd confirmed receipt of the disclosure from Twinkle Mercantiles and Credits Private Limited.
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