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, has purchased 1,000 equity shares of the company through the open market on 5 June 2025. The acquisition increased his individual shareholding from 20.46% to 20.47% of the total voting capital (a marginal rise of 0.01%). The total equity share capital of the company remains unchanged at approximately 14.67 crore shares. The disclosure was filed under SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, which mandates promoters to report any acquisition crossing specified thresholds.
This is a very small token buy by a promoter (just 1,000 shares), signalling continued confidence but unlikely to move the stock price meaningfully. Shareholders should note the promoter's ongoing accumulation, though the quantum is too small to materially alter the shareholding pattern.