ORISSAMINENSEThe Orissa Minerals Development Company Limited· MiningMinimalNeutral
Announced Tue, 26 May · 12:41 IST

Eastern Investments Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

ORISSAMINE · price

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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹4070.00
prior close
₹4145.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.2-0.1-0.2+1.4+0.1-1.7+0.4-0.4-0.1+4.4-5.1-9.0
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AI summary

Eastern Investments Limited (EIL), a subsidiary of Rashtriya Ispat Nigam Limited (RINL), has submitted a disclosure of its aggregate shareholding in The Orissa Minerals Development Company Limited as of March 31, 2026. EIL holds 3,000,890 shares representing 50.1% of the total share capital. Both EIL and RINL are classified as promoters of the target company. The filing confirms no encumbrances have been created, released, or invoked on these shares. This is a routine regulatory disclosure under SEBI regulations to maintain transparency on promoter holdings.

Likely market impact

The disclosure confirms promoters maintain majority control (50.1%) with no change in shareholding or encumbrances. This is a compliance filing that provides no new material information for investors beyond confirming the status quo of promoter ownership.