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, a member of the promoter and promoter group of Orient Bell Limited, sold 70,000 equity shares (0.48% of total share capital) on March 27, 2025. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. After the sale, his individual holding in the company stands at 34,19,774 shares, equating to 23.34% of the total equity share capital. The sale is small in size and does not change the company's overall promoter ownership structure materially.
A minor insider trimming of under 0.5% stake — negligible impact on stock price or control. Retail investors should track whether further promoter sales follow, as a pattern could indicate larger exit intent.