Pine Oak Global Fund sold 375,000 shares of Borana Weaves Limited for ₹14.85 Cr at ₹396.00 apiece in a bulk deal on March 11, 2026.
A manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat, Borana Weaves produces textile products for industrial and commercial applications. Incorporated in 2020, the company specializes in synthetic fabric manufacturing with a focus on grey cloth production for various end-use industries. The company serves customers across India's textile sector with specialized fabric solutions and maintains operations in one of India's major textile hubs.
Pine Oak Global Fund is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors such as logistics, textiles, infrastructure, pharmaceuticals, and solar.
