The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Adarsh Somani & Others
ORICONENT · price
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This is a revised disclosure filed by Oricon Enterprises' promoter group to correct earlier incomplete details (dates and equity share capital) about inter-se share transfers done on September 3–4, 2025. Adarsh Somani and his PACs acquired 1,15,69,000 shares (7.37%) via off-market transfer, raising Adarsh's personal holding from 2.68% to 10.05%, and taking his group's combined holding to 37.97%. On the other side, Namrata Somani's group sold 1,40,92,020 shares (8.97%), with Vandana Somani's stake falling sharply from 3.44% to just 0.007%. The transfers were done off-market between related promoter family entities. No change in total equity share capital or overall promoter control of the company.
No material impact for outside shareholders since this is an internal reshuffle within the promoter family and does not change ultimate control of the company. The stock price is unlikely to be affected by this purely administrative, revised disclosure.