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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Promoter Mahendra K. Daga purchased 631 equity shares of Orient Bell Ltd through the open market on 23 September 2025. His holding rose marginally from 30,43,677 shares (20.72%) to 30,44,308 shares (20.73%) of the company's share capital. The acquisition was disclosed under SEBI's SAST Regulation 29(2), which applies because the promoter group's aggregate holding is above the 10% reporting threshold. The transaction value is negligible in rupee terms, and total share capital of the company remained unchanged at 14,68,74,760 shares.
This is a token open-market purchase by an existing promoter with virtually no impact on ownership structure or stock price. It signals continued promoter confidence but is too small to materially affect shareholding pattern or trigger any regulatory threshold.