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, which is not part of the promoter group, sold 8,43,238 equity shares (about 2.04% of the company) of Orosil Smiths India Ltd in the open market between 16 April 2025 and 21 July 2025. As a result, its holding in the company dropped from 44,22,853 shares (10.71%) to 35,79,615 shares (8.66%), taking it below the 10% significant shareholding threshold. The total equity capital of Orosil Smiths India Ltd remains at 4,13,16,000 shares of Re. 1 each, unchanged by this transaction. The disclosure was filed on 23 July 2025 under SEBI's Substantial Acquisition of Shares & Takeovers rules.
A non-promoter institutional investor reducing its stake from above 10% to below 10% signals reduced conviction or portfolio rebalancing by that holder, but since the seller is not a promoter, it does not directly affect management control or promoter holding. Retail investors may see this as a modest negative cue regarding institutional interest in the stock.