The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Orchid Securities Pvt Ltd
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Orchid Securities Private Limited, part of the promoter group of Continental Securities Ltd, sold 1,44,953 equity shares (0.49% of total share capital) through open market transactions on August 18 and August 19, 2025. Orchid Securities' individual holding dropped from 8,02,000 shares (2.74%) to 6,57,047 shares (2.25%) after this sale. The combined promoter group (Persons Acting in Concert) holds 1,13,57,494 shares out of a total equity capital of 5,85,06,000 shares. The disclosure is filed under SEBI Takeover Regulations, indicating cumulative promoter group share movement has crossed a regulatory threshold requiring reporting.
This is a minor stake reduction by a promoter group entity. The sale size is small (0.49%), and the overall promoter group remains comfortably below any concerning threshold, so impact on share price or shareholder value is expected to be limited.