Orient Bell has confirmed that its promoters and members of the promoter group have not encumbered any shares, directly or indirectly, during the financial year 2025-26. This disclosure ensures that the key shareholders retain full ownership rights over their holdings without pledging them as collateral, which is a critical indicator of financial stability for investors. The declaration was filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing submitted to the stock exchanges lists ten entities falling under the promoter and promoter group categories. The list includes individual promoters such as Mahendra Kumar Daga and Madhur Daga, as well as entities like Mahendra Kumar Daga HUF. Other members of the promoter group include Freesia Investment and Trading Company Ltd, Morning Glory Leasing and Finance Ltd, and Alfa Mercantile Ltd.

Promoter and Promoter Group Details

The following table outlines the promoters and promoter group members covered by this declaration:

The confirmation was signed by Mahendra Kumar Daga, Promoter of Orient Bell Ltd, on April 7, 2026. A copy of the declaration has been forwarded to the members of the Audit Committee of Orient Bell Ltd for their records.

Bell Integration and IBM have unveiled an Intelligent Managed Services platform at the AI Summit London. The solution is designed to help organisations advance their IT operations through increased automation, predictive insights, and intelligent orchestration capabilities. This launch aims to enable businesses to transition from reactive to proactive, resilient operations.

The platform is powered by IBM technology, featuring predictive analytics and agentic AI orchestration. It incorporates IBM Cloud Pak for AIOps, Instana for observability, and watsonx Orchestrate for agentic control. These technologies support Bell Integration's Intelligent AI-first managed services and are available to customers to accelerate the transformation of IT operations.

Martin Mersey, AI Automation Director at Bell Integration, stated that the agentic AI and automation underpinning the solution help businesses move from reactive firefighting towards proactive operations. He noted that the platform is designed to reduce operational risk and improve response times, providing organisations with greater visibility and resilience.

Andrew Gill, Vice President, UKI Ecosystem at IBM, said the partnership plays a pivotal role in accelerating innovation and delivering a market-leading offering. He added that collaborating with Bell Integration helps develop innovative solutions to support business transformation and deliver value for shared customers.

Key Platform Components