The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for B K Narula HUF
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B K Narula HUF, part of the promoter group of Orosil Smiths India, bought 8,79,403 equity shares (2.13% of paid-up capital) through open market purchases between 09.05.2025 and 30.09.2025. This raised the HUF's holding in the company from 10.07% (41,60,545 shares) to 12.20% (50,39,948 shares). The disclosure has been filed with BSE under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Total equity share capital of the company remains unchanged at Rs. 4,13,16,000 (4,13,16,000 shares of Re. 1 each).
Promoter-group buying in the open market is generally viewed as a confidence signal in the company, which is mildly positive for shareholders. Investors should check whether other promoter entities have also increased holdings, as total promoter stake in the company is likely higher than 12.20%.