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, has filed a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. He acquired 670 equity shares in the open market on June 13, 2025. His shareholding rose marginally from 30,06,071 shares (20.49%) to 30,06,741 shares (20.50%) of the company's paid-up equity capital. The change is negligible — just 0.01 percentage point — and the acquisition value is token in nature given Orient Bell's total equity capital of 14,66,74,760 shares. The filing appears to be a regulatory disclosure for record-keeping purposes.
This is a very small, routine promoter purchase with no meaningful impact on shareholding pattern or stock price. It signals continued promoter confidence at the margin but does not materially alter the company's ownership structure.