The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahendra K Daga HUF
ORIENTBELL · price
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Mahendra K. Daga (HUF), part of the promoter group of Orient Bell Ltd, purchased 400 equity shares in the open market on June 12, 2025, as disclosed under Regulation 29(2) of SEBI SAST Regulations. Before the acquisition, the HUF held 4,74,975 shares (3.24% of total share capital), and after the purchase, the holding rose marginally to 4,75,375 shares (3.24%). The percentage impact is negligible (0.00% change), and the company’s total equity share capital remains at 14,66,74,760 shares. The acquisition was carried out through the open market route on the BSE and NSE where Orient Bell is listed.
This is a token purchase by a promoter group member with virtually no change in stake, signalling promoter continuity rather than a meaningful shift in ownership. Retail investors should view this as routine disclosure with no material effect on shareholding pattern or stock price.