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, Promoter, CEO and Managing Director of Laxmi Dental Limited, has acquired 15,000 equity shares of the company through an open market purchase on February 27, 2026. This filing is made under Regulation 29(2) of the SEBI Takeover Regulations. Following this acquisition, his shareholding increased from 86,65,932 shares (15.77%) to 86,80,932 shares (15.80%) of the total equity share capital. The change in stake is marginal at 0.03%, indicating a small incremental purchase by the promoter.
This is a minor open market purchase by the promoter, signaling continued insider confidence in the company. The negligible size of the acquisition means no material change in ownership structure or control, and is unlikely to have a significant impact on the stock price.