The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wazeera S Mithiborwala
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Wazeera S. Mithiborwala, a member of the promoter group of Oriental Rail Infrastructure Ltd, acquired 10,00,000 equity shares on July 12, 2025, through conversion of warrants allotted on a preferential basis. Before the acquisition, she held 59,47,000 shares (9.14% of total share capital). After the acquisition, her holding rose to 69,47,000 shares (10.65% of total, 10.36% of diluted share capital), thereby crossing the 10% substantial shareholder threshold. The company's total equity share capital increased from 6,50,59,000 to 6,60,59,000 shares following the allotment. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations.
This signals continued promoter group commitment to the company, with the stake increase achieved via preferential warrant conversion rather than open-market purchase. The crossing of the 10% threshold is a regulatory milestone and may draw attention from institutional investors tracking promoter holdings.