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, a member of the promoter and promoter group of Orient Bell Limited, has acquired 2,782 equity shares on 30 May 2025 under SEBI's SAST Regulation 29(2). The acquisition represents a marginal 0.02% stake increase. Post-transaction, his holding stands at 29,99,556 shares, equivalent to 20.45% of the company's total share capital and 20.37% of the diluted share capital. Pre-transaction holding was approximately 20.43%. The total equity share capital of Orient Bell remains unchanged at 14,66,74,760 shares.
This is a very small, routine promoter purchase (just 2,782 shares or 0.02%) and is unlikely to have any meaningful impact on the stock price. It signals continued promoter confidence, though the acquisition size is too small to indicate any strategic stake-building intent.