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 Ltd, has disclosed a small acquisition of 2,541 equity shares (0.02% of paid-up capital) on 04.02.2026 under Regulation 29(2) of the SEBI Takeover Regulations. Before the acquisition, he held 30,47,529 shares (20.72% of total voting capital), and after the acquisition his holding marginally rose to 30,50,070 shares (20.73%). The total equity share capital of the company stood at 14,71,04,760 shares both before and after the transaction. The acquisition was made through open market purchase of voting shares, with no encumbrance or convertible instrument involved.
This is a very small, routine promoter buy that nudges his stake from 20.72% to 20.73% — likely negligible impact on share price, but signals continued promoter confidence in the company.