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
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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.