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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Mahendra K Daga, part of Orient Bell's promoter group, has disclosed an open-market purchase of 2,500 equity shares of the company on 15 September 2025 under SEBI's SAST Regulation 29(2). Prior to this acquisition, he held 30,36,213 shares (20.67% of paid-up capital); after the purchase, his holding stands at 30,38,713 shares (20.69%). The total equity share capital of the company rose from 14,68,74,760 to 14,76,34,760 shares, indicating a possible corporate action alongside this disclosure. The transaction is minor in size, lifting his stake by just 0.02 percentage points.
This is a routine small open-market purchase by the promoter expressing continued confidence in the company, but it does not materially alter the shareholding pattern and is unlikely to have any meaningful impact on the stock price.