The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Orchid Securities Pvt Ltd
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Awaiting price reaction for this filing.
Continental Securities Limited disclosed to the BSE that it received a Regulation 29(2) disclosure from Orchid Securities Private Limited, part of the company's promoter group. Orchid Securities sold 1,00,000 equity shares (0.34% of the total share capital) through the open market on September 18, 2025. Following this sale, Orchid Securities' holding reduced from 2,53,225 shares (0.87%) to 1,53,225 shares (0.53%). The total share capital remains 5,85,06,000 equity shares of Rs. 2 each. This disclosure is part of SEBI's Substantial Acquisition of Shares & Takeovers Regulations reporting.
This is a small open-market sale (below 1%) by a promoter group entity. While any promoter selling can be mildly negative, the small size of the transaction means limited material impact on stock price or shareholder sentiment.