Neomile decreased its stake in Stallion India Fluorochemicals from 10.92% to 8.57%, selling 26,22,784 shares. This transaction is valued at ₹56.22 Cr based on the last closing price of ₹214.76 per share.
A manufacturer and distributor of refrigerant and industrial gases, Stallion India operates in the specialty chemicals sector serving diverse industries. The company produces fluorochemicals and related products used in cooling systems, air conditioning, refrigeration, and various industrial applications. Founded in 2002, Stallion India supplies these specialized gases to commercial, industrial, and institutional customers throughout India, supporting their operational needs.
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.