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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 3.2 pts more than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.