The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for NAM Securities Ltd
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NAM Securities Ltd, a non-promoter entity, has disclosed the sale of 8,56,122 equity shares (2.07% of total share capital) of Orosil Smiths India Ltd through open market between January 30, 2025 and April 15, 2025. Following this sale, NAM Securities' holding in the company has decreased from 52,78,975 shares (12.78%) to 44,22,853 shares (10.71%). The shares were sold on BSE, and the transaction involved no encumbrance (pledge/lien) activity. The company's total equity share capital remains unchanged at Rs. 4,13,16,000 divided into 4,13,16,000 equity shares of Rs. 1 each.
This is a reduction in stake by a non-promoter shareholder, which could create mild selling pressure perception in the market. With NAM Securities still holding above 10% post-sale, further disclosures may be triggered if their holding crosses below the 10% threshold. Retail investors should monitor for any continued selling by this entity.