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 Limited, acquired 1,521 equity shares on 11 June 2025. The acquisition increased his voting stake marginally from 20.47% to 20.48% of the company's share capital, a change of just 0.01%. His diluted voting rights moved from 20.39% to 20.40%. The disclosure was filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The acquisition appears to be a routine, small-market purchase by the promoter.
This is a very small, incremental purchase by a promoter and is unlikely to have any meaningful impact on the stock price. It signals mild promoter confidence but the size is too small to be material for shareholders.