Kaushik Daga Family Trust has submitted to the Exchange a copy of Disclosure under Regulation 29(1) of the SEBI (SAST) Regulations, 2011

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

ORBTEXP · 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 14 horizons · vs prior close

+11.1%1-day move

₹135.00

prior close

₹142.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.7-2.0+11.1+13.7+13.3+22.6+21.0+17.8+20.2+25.7+34.7+63.0

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AI summary

Kaushik Daga Family Trust has disclosed an acquisition of 7,99,064 equity shares (3.01%) of Orbit Exports Limited through an off-market inter-se transfer on March 27, 2026. Along with PAC Sushila Daga (holding 4.47%), the aggregate holding now stands at 19,84,717 shares, or 7.49% of the paid-up equity share capital. The acquirer is NOT part of the promoter/promoter group of the company. This is a mandatory disclosure under SEBI Takeover Regulations as the combined holding has crossed the 5% threshold for the first time (from NIL to 7.49%). The company's total equity base is 2,65,11,152 shares of Rs. 10 each.

Likely market impact

This is a non-promoter entity crossing the 5% disclosure threshold via an off-market transfer. While it does not trigger an open offer (below 10%), it signals a new sizeable shareholder (7.49%) and may attract attention regarding potential further acquisitions or board influence in the future.