Orient Press promoter increases stake to 0.18595%

0 min read     Updated on 23 Jun 2026, 03:31 AM
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Anirudha BScanX News Team
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Varun Naveen Maheshwari, a promoter of Orient Press, increased his stake by acquiring 9,338 equity shares through open market purchases on June 16 and June 17, 2026. The total consideration for the second tranche of 6,001 shares was ₹395,223. Post-acquisition, his holding stands at 18,595 equity shares, or 0.18595% of the paid-up share capital.

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Varun Naveen Maheshwari, a promoter of Orient Press , increased his shareholding by acquiring 9,338 equity shares through open market purchases on June 16 and June 17, 2026. The transactions were disclosed to the stock exchanges pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. Following these acquisitions, the promoter's total holding stands at 18,595 equity shares, representing 0.18595% of the paid-up share capital.

The acquisitions were executed in two separate tranches. On June 16, 2026, Maheshwari purchased 3,337 equity shares. Subsequently, on June 17, 2026, he acquired an additional 6,001 equity shares for a total consideration of ₹395,223. The company was intimated about these transactions on June 19, 2026.

Details of Acquisition

The following table outlines the specifics of the transactions undertaken by Varun Naveen Maheshwari:

Date of Acquisition Shares Acquired Transaction Value (₹) Post-Transaction Holding % Shareholding
16.06.2026 3,337 - 12,594 0.12594%
17.06.2026 6,001 395,223 18,595 0.18595%

The disclosures confirm that no trading activity was undertaken in the derivatives segment by the promoter during this period.

Historical Stock Returns for Orient Press

1 Day5 Days1 Month6 Months1 Year5 Years
+0.69%+17.34%+17.17%-9.99%-21.52%-14.23%

Does this increase in promoter shareholding signal a potential broader strategy to consolidate control in the future?

How might the market interpret this insider buying regarding the company's upcoming financial performance?

Should investors expect other promoters or key insiders to follow suit with similar open market purchases?

Orient Press confirms compliance with SEBI regulations in FY26 report

2 min read     Updated on 29 May 2026, 01:50 PM
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Orient Press Limited filed its Annual Secretarial Compliance Report for FY26, confirming adherence to SEBI regulations. The report noted a prior fine of ₹12000 each from BSE and NSE due to a two-day delay in committee reconstitution in the previous year.

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Orient Press Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, confirming adherence to key securities regulations. The report, filed with BSE Limited and National Stock Exchange of India Ltd, verifies compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable guidelines during the review period.

The audit was conducted by M/s. V.K. Mandawaria & Co., Practicing Company Secretaries, to verify the company's compliance with provisions of the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956. The report clarifies that the certification is neither an audit nor an expression of opinion on financial records, but a verification of procedural compliances.

Compliance Status and Observations

The practicing company secretary reported that the listed entity complied with the examined regulations during FY26. However, the filing detailed actions taken regarding observations from the previous year's report. Specifically, a delay of two days in the reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee occurred during the prior financial year.

Consequently, the BSE and NSE stock exchanges imposed a fine of ₹12000 each on the company. The management response indicated that remedial action was not required as the lapse was a one-time event remediated immediately.

Key Regulatory Checkpoints

The report provided a status update on various compliance requirements, confirming that the company met standards for secretarial audits, policy adoption, and website disclosures. The following table summarizes the compliance status for specific regulatory areas:

Sr. No. Particulars Compliance Status
1. Secretarial Standards compliance YES
2. Adoption and timely updation of Policies YES
3. Maintenance and disclosures on Website YES
4. Disqualification of Director YES
5. Details related to Subsidiaries N.A.
6. Preservation of Documents YES
7. Performance Evaluation of Board and Committees YES
8. Related Party Transactions YES / N.A.
9. Disclosure of events or information YES
10. Prohibition of Insider trading YES

The company confirmed that no actions were taken against it, its promoters, or directors by SEBI or the stock exchanges during the review period. Additionally, there were no resignations of statutory auditors, and no additional non-compliances were observed for any SEBI regulations or circulars.

Historical Stock Returns for Orient Press

1 Day5 Days1 Month6 Months1 Year5 Years
+0.69%+17.34%+17.17%-9.99%-21.52%-14.23%

What measures is Orient Press implementing to prevent future delays in committee reconstitution and avoid potential regulatory fines?

How will the company's strong compliance record across secretarial standards and insider trading regulations impact investor confidence and stock performance?

Are there any upcoming regulatory changes or SEBI guidelines that Orient Press needs to prepare for in the next fiscal year?

More News on Orient Press

1 Year Returns:-21.52%