The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Central India Industries Ltd
ORIENTELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.7 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Central India Industries Ltd, a member of the promoter group of Orient Electric Ltd, acquired 10,00,000 equity shares (0.47% of equity capital) from four other promoter group entities — Amer Investments (Delhi) Ltd, National Engineering Industries Ltd, Bengal Rubber Company Ltd, and India Silica Magnesite Works Ltd. The transaction was executed on 27 June 2025 via an off-market inter-se transfer as part of an internal restructuring exercise, pursuant to a Share Purchase Agreement dated 21 June 2025. Central India Industries' stake in Orient Electric rose from 24.63% to 25.10%, while the aggregate promoter group holding remained unchanged at 38.31%. The transfer was carried out under Regulation 29(2) of SEBI Takeover Regulations.
This is a neutral, internal reshuffle within the promoter group with no change in total promoter ownership (38.31%) or public shareholding. Shareholders should see no material impact on the stock price as no new promoter shares entered the market and control of the company remains unchanged.