Kanchan Daga Acquires 6.85% Stake in Orbit Exports Limited Through Share Purchase
Kanchan Daga disclosed acquisition of 6.85% stake in Orbit Exports Limited along with persons acting in concert as of March 27, 2026. Daga personally acquired 2,23,018 equity shares representing 0.84% stake, while Varun Daga Family Trust and Sheerans Daga Family Trust hold 3.01% and 3.00% respectively. The company has paid-up equity capital of Rs. 26,51,11,520 comprising 2,65,11,152 shares of Rs. 10 each.

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Kanchan Daga has made a substantial acquisition disclosure regarding his shareholding in Orbit Exports Limited, filing the required documentation under Regulation 29(1) of SEBI Takeover Regulations dated March 29, 2026.
Acquisition Details
As of March 27, 2026, Kanchan Daga together with persons acting in concert holds an aggregate stake of 6.85% in Orbit Exports Limited. The company's paid-up equity share capital comprises Rs. 26,51,11,520, consisting of 2,65,11,152 equity shares of Rs. 10 each.
| Stakeholder: | Shareholding (%) |
|---|---|
| Kanchan Daga (Acquirer): | 0.84% |
| Varun Daga Family Trust (PAC): | 3.01% |
| Sheerans Daga Family Trust (PAC): | 3.00% |
| Total Holdings: | 6.85% |
Share Acquisition Breakdown
Kanchan Daga personally acquired 2,23,018 equity shares carrying voting rights, representing 0.84% of the total share capital. Prior to this acquisition, Daga and persons acting in concert held no shares in the company.
| Transaction Details: | Shares | Percentage |
|---|---|---|
| Shares Acquired: | 2,23,018 | 0.84% |
| Previous Holdings: | NIL | NIL |
| Current Personal Stake: | 2,23,018 | 0.84% |
Regulatory Compliance
The disclosure confirms that Kanchan Daga does not belong to the promoter or promoter group of Orbit Exports Limited. The acquisition involved only equity shares carrying voting rights, with no warrants, convertible securities, or encumbered shares involved in the transaction.
The filing has been submitted to both BSE Limited and National Stock Exchange of India Limited, where Orbit Exports Limited shares are listed under symbol ORBTEXP and security code 512626 respectively. This disclosure ensures compliance with SEBI regulations requiring transparency in substantial shareholding changes exceeding specified thresholds.
Historical Stock Returns for Orbit Exports
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.50% | -3.11% | -13.78% | -18.16% | -2.07% | +157.02% |
Will Kanchan Daga and the associated family trusts continue to increase their stake in Orbit Exports beyond the current 6.85% threshold?
How might this new institutional backing affect Orbit Exports' strategic direction and expansion plans in the export sector?
Could this acquisition signal potential consolidation activity in the export industry, with Orbit Exports becoming a target for larger deals?
































