The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahendra K Daga
ORIENTBELL · price
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Awaiting price reaction for this filing.
Promoter Mahendra K. Daga has disclosed the acquisition of 6,442 equity shares of Orient Bell Limited in the open market on 22 August 2025, under Regulation 29(2) of SEBI (SAST) Regulations, 2011. His holding in the company rose marginally from 30,08,741 shares (20.51%) to 30,15,183 shares (20.56%) of the total share capital. The transaction is small in size, representing just 0.04% of the company's equity. The total equity share capital of Orient Bell also increased slightly from 14,66,74,760 to 14,72,84,760 shares, likely due to a separate allotment.
This is a tiny, token purchase by a promoter and is unlikely to materially impact the stock price. However, it signals continued promoter confidence and skin-in-the-game, which is mildly positive for retail investors tracking promoter behaviour.