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Patel Engineering Limited

ExitedQuarterly
PATELENGCivil ConstructionMarket Cap₹2K Cr
Prev stake
1.78%
Holding before
1.77 Cr shares
As of
Jun 2026
Since alert−13.9%₹29.05 → ₹25.02
Nifty 50+4.4%
NE
Neomile
Foreign Investor
The move

Neomile, which last reported a 1.78 percent stake in Patel Engineering Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction of its holding to below the 1 percent disclosure threshold.

About Patel Engineering Limited
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A heavy civil engineering company engaged in constructing dams, bridges, tunnels, roads, and industrial structures across India. Patel Engineering specializes in hydro power, irrigation, water supply, urban infrastructure, and transport projects. The firm delivers large-scale civil works including piling and foundation services for diverse sectors and maintains expertise in complex engineering challenges across multiple geographies and project types.

About Neomile
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Neomile Growth Fund is a Mumbai-based Category III alternative investment fund managed by NeoMile Capital, investing in a concentrated portfolio of small and mid-cap listed Indian companies.

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Patel Engineering Limited
More moves in Patel Engineering Limited
Janky PatelIncreased
Janky Patel, promoter of Patel Engineering, increased her stake from 2.97% to 3.11% by acquiring 13,52,600 shares for ₹3.40 Cr at ₹25.14 apiece. This was an inter-se promoter transfer due to the demise of late promoter Rupen Patel, with the shares transmitted following the release of a pledge.
26 Mar 2026
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