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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Mahendra K. Daga, part of the promoter group of Orient Bell Limited, purchased 2,000 equity shares (0.01% of the company's share capital) in the open market on June 12, 2025. This is a disclosure under SEBI's Takeover Regulations (Reg 29(2)). After the acquisition, his holding stands at 30,06,071 shares, representing 20.49% of the total share capital and 20.41% of the diluted share capital — up marginally from 20.48%/20.40% earlier. The transaction was carried out on NSE and BSE. The company's total share capital remains Rs. 14,66,74,760 shares (pre and post the acquisition).
The acquisition is negligible in size and unlikely to move the stock. However, it reflects continued promoter confidence at current price levels, with the promoter's overall stake now at ~20.49%.