WhiteOak Capital MF picks up 2.6% stake in Roadstar Infra Investment Trust, NAV Capital buys additional 1.7% shares in Ravelcare

Bulk Deals on December 26

WhiteOak Capital Mutual Fund, a part of Prashant Khemka founded WhiteOak Capital Group, has acquired 2.57 percent stake in Roadstar Infra Investment Trust via open market transactions on December 26.

Roadstar Infra Investment Trust units were under pressure on Friday, falling 11.29 percent to Rs 62.10 amid big volumes on the BSE.

WhiteOak Capital Mutual Fund has bought 1.17 crore units (equivalent to 2.57 percent of outstanding units) for Rs 70.5 crore at Rs 60 per unit, as per the bulk deals data published on December 26.

However, JC Flowers Asset Reconstruction, the existing shareholder, offloaded 1.2 crore units (2.63 percent stake) in the infrastructure investment trust for Rs 71.99 crore at Rs 59.99 per unit.

The action was also seen in Ravelcare shares on Friday, which rallied 19.43 percent to Rs 140.75 after significant buying by NAV Capital.

NAV Capital VCC - NAV Capital Emerging Star Fund has acquired 35,000 equity shares for Rs 49.47 lakh at Rs 141.35 per share, and Navbharat Investment Opportunities Fund bought 50,000 shares for Rs 68.22 crore at Rs 136.45 per share, while founder of both these funds - Vineet Arora picked up 35,000 shares for Rs 49.01 lakh at Rs 140.04 per share.

As of December 5, 2025, Navbharat Investment Opportunities Fund was holding 1.12 percent stake and NAV Capital VCC through NAV Capital Emerging Star AAICN2612C 2.04 percent shares in Ravelcare, the beauty and personal care brand.

Meanwhile, Capacious Wealth Management bought 3.28 lakh shares in Marc Technocrats, the infrastructure consultancy services provider, for Rs 2.2 crore at Rs 67.2 per share.