The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sameer Kamlesh Merchant
LAXMIDENTL · price
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Sameer Kamlesh Merchant, who is the Promoter, CEO and Managing Director of Laxmi Dental Ltd, has disclosed an acquisition of 17,179 equity shares through open market purchase on March 30, 2026. This acquisition increased his holding from 15.79% to 15.83% of the company's total share capital. The total share capital of the company remains at approximately Rs 10.99 crore divided into 5,49,62,149 equity shares of Rs 2 each. This is a routine regulatory disclosure filed under SEBI's substantial acquisition rules.
The disclosure shows the promoter increasing his stake in the company, which is generally viewed positively by the market as it indicates promoter confidence in the business. However, the increase is minimal at just 0.03 percentage points.