Announced Tue, 2 Sept · 16:25 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Orchid Securities Pvt Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Orchid Securities Private Limited, part of the promoter group of Continental Securities Ltd, sold 60,000 equity shares (0.21% of total share capital) through the open market on August 28, 2025. After the sale, Orchid Securities holds 2,53,225 shares (0.87%) in the company, down from 3,13,225 shares (1.07%) prior to the transaction. The company filed this disclosure under SEBI SAST Regulation 29(2). As per the shareholding pattern dated June 30, 2025, the promoter and PAC group collectively held over 1.13 crore shares, with several PAC entities including Rajesh Khuteta, Sunidhi Khuteta and Vachi Commercial LLP being the larger holders.

Likely market impact

This is a minor open-market trimming by a promoter group entity (holding under 1% individually), so direct price impact is likely limited. However, any promoter-group selling is tracked by retail investors as an indicator of insider sentiment.