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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.5 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nam Securities Ltd, a non-promoter shareholder in Orosil Smiths India Ltd, sold 8,56,122 shares (2.07% of equity) through open-market transactions on the BSE between 30 January 2025 and 15 April 2025. This reduced its holding from 52,78,975 shares (12.78%) to 44,22,853 shares (10.71%) of the company. Orosil Smiths India has a total equity share capital of Rs. 4.13 crore, comprising 4,13,16,000 shares of Rs. 1 each. The disclosure has been filed under SEBI's takeover regulations, which require reporting when a non-promoter shareholder's stake changes by more than 2% in a financial year. Nam Securities Ltd continues to remain a substantial shareholder, holding above the 10% mark after the sale.
A non-promoter shareholder trimming its stake by over 2% may be seen as a mild negative signal, though the entity still retains a significant 10.71% holding, so this is not a full exit. Retail investors should watch for any further disclosures from Nam Securities Ltd or other large shareholders to gauge the direction of institutional interest in the stock.