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.
Mahendra K. Daga, part of the promoter group of Orient Bell Limited, acquired 2,400 equity shares on 1 September 2025. This marginally raised his holding from 30,15,183 shares (20.56% of paid-up capital) to 30,17,583 shares (20.57%). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The diluted shareholding similarly moved from 20.47% to 20.49%. The transaction is very small in size relative to the company's total equity capital of approximately 14.67 crore shares.
This is a tiny promoter buy (just 0.02% increase) and is unlikely to move the stock price or materially change control dynamics. It signals continued promoter confidence but is too small to indicate any strategic shift.