ORIENTBELLBSEOrient Bell Ltd-$MediumNeutral
Announced Thu, 26 Feb · 08:47 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 BuyCreeping Acquisition Near ThresholdOwnership 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

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%.

Likely market impact

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.