ORIENTBELLBSEOrient Bell Ltd-$MediumNeutral
Announced Mon, 15 Sept · 18:07 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahendra K Daga

Promoter Stake BuyOwnership Changes View source PDF

ORIENTBELL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahendra K. Daga, part of the promoter and promoter group of Orient Bell Limited, has disclosed a small open-market purchase of 11,461 equity shares, dated 11 September 2025. Prior to this acquisition, he held 30,24,752 shares (20.59% of total equity and 20.49% on a diluted basis). After the purchase, his holding rose modestly to 30,36,213 shares, representing 20.67% of total and 20.57% on a fully diluted basis. The transaction was executed on the open market through NSE and BSE. The disclosure is filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, which requires promoters to disclose any change in their shareholding.

Likely market impact

This is a minor increase of just 0.08 percentage points in the promoter's stake, signalling routine promoter confidence rather than any significant change in ownership or control. Shareholders should view this as a small insider buy that does not materially alter the company's shareholding structure or control dynamics.