The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Orchid Securities Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orchid Securities Private Limited, part of the promoter group of Continental Securities Ltd, sold 1,87,003 equity shares in the open market between August 21 and August 22, 2025. This represents 0.63% of the company's paid-up share capital. After the sale, the combined holding of the acquirer and Persons Acting in Concert (PACs) dropped from 6,57,047 shares (2.25%) to 4,70,044 shares (1.60%). The disclosure has been filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. Continental Securities has a total equity share capital of 2,92,53,000 shares of Rs. 2 each.
This is a small promoter group offloading (less than 1%) and is unlikely to materially impact the stock price. However, it signals some promoter-side profit booking or stake rebalancing, which retail investors may want to monitor over time.