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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Mahendra K. Daga acquired 171 equity shares of Orient Bell Limited on 24 February 2026, triggering a disclosure under Regulation 29(2) of the SEBI Takeover Regulations. His holding increased marginally from 30,68,223 shares to 30,68,394 shares, with the percentage stake essentially unchanged at 20.86% of total share capital (20.78% on a diluted basis). The total equity share capital of the company stood at 14,71,04,760 shares both before and after the transaction. The acquisition size is extremely small, suggesting it was likely a routine market purchase that still required regulatory disclosure due to the promoter's existing holding exceeding 10%.
This is a negligible, routine disclosure with no material impact on the company's shareholding pattern or stock price. Promoter holding remains steady at around 20.86%, well within the SEBI creeping acquisition limits for this category.