Mahendra Kumar Daga has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
ORIENTBELL · price
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Awaiting price reaction for this filing.
Promoter Mahendra Kumar Daga, on behalf of Orient Bell's Promoter and Promoter Group, has submitted the annual declaration required under Regulation 31(4) of SEBI's Takeover Regulations. The filing covers 10 promoter and promoter group entities, including individuals, HUFs, and investment/trading companies. The declaration confirms that none of these entities created any encumbrance (pledge, lien, or similar charge) on their shares — directly or indirectly — during financial year 2024-25. This is a routine annual compliance filing, not a transaction announcement.
Neutral for shareholders. This is a standard regulatory disclosure showing promoters did not pledge or encumber their holdings during the year, which removes one minor overhang (pledge-related stress) but carries no price-moving implication.