Twinkle Mercantiles Reduces Stake in Alstone Textiles Through Share Disposal
Alstone Textiles (India) Limited received a SEBI SAST disclosure from Twinkle Mercantiles and Credits Private Limited regarding the disposal of 166919297 equity shares (2.66% stake). The transaction reduced Twinkle Mercantiles' holding from 318000000 shares (5.07%) to 151080703 shares (2.41%) through on-market sales conducted between October 2025 and April 2026. The disposal was executed across multiple trading sessions with the largest single transaction of 47500000 shares occurring on 02.04.2026.
*this image is generated using AI for illustrative purposes only.
Alstone Textiles (India) Limited has received a regulatory disclosure from Twinkle Mercantiles and Credits Private Limited regarding the disposal of equity shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 29(1). The disclosure, dated 04/04/2026, details a significant reduction in Twinkle Mercantiles' shareholding in the textile company.
Share Disposal Details
Twinkle Mercantiles and Credits Private Limited disposed of 166919297 equity shares in Alstone Textiles, representing 2.66% of the total share capital. The disposal was executed through on-market sales over a period spanning from October 2025 to April 2026.
| Parameter: | Before Disposal | After Disposal | Change |
|---|---|---|---|
| Number of Shares: | 318000000 | 151080703 | -166919297 |
| Percentage Holding: | 5.07% | 2.41% | -2.66% |
| Total Share Capital: | 6274800000 shares | 6274800000 shares | No change |
Transaction Timeline
The share disposal was conducted across multiple trading sessions, with varying quantities sold on different dates:
| Date: | Shares Sold | Percentage |
|---|---|---|
| 10.10.2025: | 1800000 | 0.03% |
| 01.02.2026: | 15000000 | 0.24% |
| 03.02.2026: | 18500000 | 0.30% |
| 16.02.2026: | 25000000 | 0.40% |
| 24.02.2026: | 2705230 | 0.04% |
| 26.02.2026: | 5624495 | 0.09% |
| 20.03.2026: | 6519572 | 0.10% |
| 24.03.2026: | 11770000 | 0.19% |
| 27.03.2026: | 32500000 | 0.52% |
| 02.04.2026: | 47500000 | 0.76% |
Regulatory Compliance
The disclosure confirms that Twinkle Mercantiles and Credits Private Limited does not belong to the promoter or promoter group of Alstone Textiles. The company's shares are listed on the Bombay Stock Exchange, and the total equity share capital remains unchanged at 6274800000 shares of ₹1 each.
Company Information
Alstone Textiles (India) Limited, incorporated in 1985, operates from its registered office in New Rajinder Nagar, New Delhi. The company is engaged in textile manufacturing and trading activities. Twinkle Mercantiles and Credits Private Limited, established in 1995, is based in Vishwas Nagar, Shahdra, Delhi.
The disclosure was signed by Pankaj Saxena, Director of Twinkle Mercantiles, and submitted to both BSE Limited and Alstone Textiles' management for regulatory compliance and record-keeping purposes.
Historical Stock Returns for Alstone Textiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.33% | +8.33% | -13.33% | -79.03% | -77.97% | -18.75% |
What strategic factors might have motivated Twinkle Mercantiles to gradually reduce its stake in Alstone Textiles over this six-month period?
How could this significant reduction in institutional holding affect Alstone Textiles' stock liquidity and trading patterns in the coming quarters?
Will other major shareholders follow suit with similar disposals, potentially signaling broader concerns about the textile sector's outlook?
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