Shree Ram Twistex Limited
Neomile Growth Fund bought 40 lakh shares of Shree Ram Twistex Limited for ₹28.56 Cr at ₹71.40 apiece, crossing the 10% disclosure threshold and now holding a 10.01% stake.
A textile manufacturer, Shree Ram Twist produces cotton yarns for the global textile industry. The company specializes in manufacturing Compact Ring Spun yarns, Carded yarns, and Combed yarns that serve both knitting and weaving applications. These products are supplied to textile mills, fabric manufacturers, and garment producers who rely on consistent quality yarn for their production processes across domestic and international markets.
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.