The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amer Investments (Delhi) Ltd & Others
ORIENTELEC · price
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Orient Electric's promoter group entity, Amer Investments (Delhi) Ltd (along with other promoter group entities), has filed a disclosure with BSE under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. This regulation requires promoters or promoter group entities to disclose any acquisition or sale of shares that changes their aggregate shareholding by more than 2% from their last disclosed holding. The filing indicates a notable change in the promoter group's stake in Orient Electric, though the specific direction (acquisition or disposal) and exact quantum are not visible in the headline alone.
Investors should watch for the detailed disclosure to see whether the promoter group has increased or reduced its stake, as such moves can signal promoter confidence or potential shifts in controlling interest, potentially impacting short-term stock sentiment.