The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarla Daga
ORIENTBELL · price
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Sarla Daga, part of the promoter group of Orient Bell Ltd, acquired 70,552 equity shares (0.48% of total share capital) through open market purchase on 27 March 2025. Her holding increased from 17,80,570 shares (12.15%) to 18,51,122 shares (12.63% of total share capital and 12.56% of diluted share capital). The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and the shares carry voting rights. The total equity share capital of the company stood at approximately 14.65 crore shares before and after the transaction.
This is a modest open market purchase by a promoter group member, signalling continued confidence in the company. The small size of the acquisition (0.48%) is unlikely to cause significant movement in the stock price but is broadly viewed as a positive insider signal.