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, a member of the promoter group of Orosil Smiths India Limited, purchased 34,169 equity shares representing 0.08% of the company's share capital in the open market on March 20, 2026. The promoter's stake in the company has risen from 14.68% (60,65,395 shares) to 14.76% (60,99,564 shares) following this acquisition. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of the company remains unchanged at Rs. 4,13,16,000 comprising 4,13,16,000 equity shares of Re. 1 each.
This open-market purchase by a promoter group entity signals continued promoter confidence in the company. However, the size of the acquisition is small (just 0.08%), so it is unlikely to have a meaningful impact on the stock price but reassures retail investors about promoter commitment.