The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bombay Minerals Ltd
ORIENTCER · price
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Bombay Minerals Limited, classified as a promoter of Orient Ceratech Limited, has sold 13,00,000 equity shares (1.09% of total share capital) in the open market on March 20, 2026. The sale was disclosed under Regulation 29(2) of SEBI (SAST) Regulations on March 23, 2026. Before the sale, Bombay Minerals held 3,08,42,453 shares (25.78%), which has now come down to 2,95,42,453 shares (24.69%). The total share capital of the company remains unchanged at 11,96,39,200 shares.
This is a moderate promoter selling of just over 1% of the company in the open market. While the stake is still significant, a 1.09% reduction by a promoter entity may be viewed as a mild negative signal by some retail investors, though it is well within SEBI's creeping acquisition/disposal limits and the promoter remains a substantial shareholder at 24.69%.