LAXMIDENTLBSELaxmi Dental LtdMediumNeutral
Announced Mon, 2 Mar · 10:02 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sameer Kamlesh Merchant

Promoter Stake BuyOwnership Changes View source PDF

LAXMIDENTL · 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

Sameer Kamlesh Merchant, Promoter, CEO and Managing Director of Laxmi Dental Limited, acquired 15,000 equity shares of the company through the open market on February 27, 2026. This increased his holding from 86,65,932 shares (15.77% of paid-up capital) to 86,80,932 shares (15.80% of paid-up capital), a marginal rise of about 0.03%. The shares were acquired in his personal capacity and there is no change in the total share capital of the company. The disclosure was filed under SEBI's Insider Trading and Substantial Acquisition of Shares & Takeovers regulations.

Likely market impact

This is a small open-market purchase by the promoter-CEO, generally viewed as a confidence signal about the company's prospects. The stake change is too minor (0.03%) to materially affect shareholding pattern or stock price, but reflects continued insider commitment.