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 the promoter and promoter group of Orient Bell Limited, has disclosed the acquisition of 500 equity shares through the open market on 18.06.2025 under Regulation 29(2) of SEBI's SAST Regulations, 2011. This has marginally increased his shareholding from 30,07,741 shares to 30,08,241 shares, representing 20.51% of the total share/voting capital of the company. The acquisition is minuscule relative to Orient Bell's total equity share capital of approximately 14.67 crore shares. The shares were bought on the NSE and BSE where Orient Bell is listed.
This is a token purchase by the promoter with virtually no material impact on ownership structure or stock price. Shareholders should note that promoter holdings stand at 20.51%, and this kind of minor open-market buy is generally a routine compliance filing rather than a meaningful vote of confidence.