Synopsis: Neomile Corporate Advisory Limited, has significantly increased its stake in Innovision Limited from 8.77% to 15.88% through open market purchases between April 20 and April 22, 2026. The acquisition of 7.11% equity reflects growing investor confidence and has been disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
Innovision Limited has a total market capitalization of Rs. 790.36 cr, according to data on the NSE. The stock was listed on the exchanges on March 23, 2026. Innovision Limited shares were trading at Rs. 332.25 apiece on the National Stock Exchange; the stock has gained around 3.7% over the last five sessions, while it has declined about 11.5% in the 30 days.
Prior to the transaction, Neomile Corporate held 20,88,956 shares, representing 8.77% of Innovision Limited’s total equity. During the period from April 20 to April 22, 2026, the group acquired an additional 16,91,738 shares (7.11%) through open market transactions. Following this acquisition, their total shareholding increased to 37,80,694 shares, equivalent to 15.88% of the company’s voting capital.
Notably, there has been no change in the overall equity share capital of Innovision Limited, indicating that the transaction was purely secondary market driven. The absence of encumbrances or convertible instruments further highlights that the acquisition consists solely of equity shares with voting rights.
Such a substantial increase in stake elevates Neomile’s position as a significant shareholder, potentially enabling greater participation in corporate governance and strategic decisions.
Innovision Limited has established itself as a diversified service provider since its incorporation in 2007, catering to a wide range of operational and manpower needs across industries. The company began with a focus on delivering workforce-driven services and has steadily expanded its capabilities to address the growing demand for integrated business support solutions in India.
Over the years, Innovision Limited has evolved into a multi-service organization offering private security, facility management and infrastructure support services. Its core operations include deploying trained personnel for manned guarding, executive protection and event security, alongside integrated facility management services such as housekeeping, pest control, HVAC maintenance and electrical and plumbing support. The company has also built a presence in toll plaza management, handling user fee collection and operational oversight for transport infrastructure projects.
In addition to operational services, Innovision Limited provides manpower solutions including recruitment, staffing and payroll management, enabling organizations to streamline workforce administration. It also plays a role in skill development by acting as a training partner under government initiatives such as Pradhan Mantri Kaushal Vikas Yojana, contributing to workforce upskilling and employability.
Currently, Innovision Limited is focused on strengthening its service portfolio, expanding its client base and improving execution efficiency across segments. By leveraging its integrated service model and emphasis on trained manpower, the company aims to capitalize on opportunities in the growing outsourcing, infrastructure and facility management sectors while enhancing long term value creation.
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