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 and promoter group of Orient Bell Limited, has acquired 1,500 equity shares of the company on 4 September 2025. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations with both NSE and BSE. His voting shareholding increased marginally from 30,17,583 shares (20.57%) to 30,19,083 shares (20.58%) of the company's total voting capital. Diluted shareholding also moved up slightly from 20.49% to 20.50%. The acquisition is small in size (0.01% of capital) and appears to be a routine creeping purchase by an existing promoter.
This is a very small promoter buy with no material change in promoter ownership or control. Unlikely to have any meaningful impact on the stock price or shareholder value; signal of routine promoter-level adjustment in holdings.