Orosil Smiths India Limited , a jewelry company, has seen a slight increase in its promoter group shareholding following a recent open market acquisition. BK Narula HUF, part of the promoter group, has increased its stake in the company through a series of transactions.

Key Details of the Acquisition

Impact on Shareholding

The acquisition has resulted in a marginal increase in BK Narula HUF's shareholding in Orosil Smiths India Limited. This move reinforces the promoter group's commitment to the company.

Regulatory Compliance

The disclosure of this acquisition was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires prompt disclosure of any change in shareholding exceeding certain thresholds, ensuring transparency for all stakeholders.

Company Overview

Orosil Smiths India Limited has a total paid-up equity share capital of Rs. 4,13,16,000, represented by 4,13,16,000 equity shares of Re. 1/- each. The company operates in the jewelry sector.

Orosil Smiths India Limited has experienced a significant reduction in shareholding by NAM Securities Limited, a move that has caught the attention of market observers. The transaction, conducted over a period of more than two months, has resulted in a notable decrease in NAM Securities' ownership stake in the company.

Key Details of the Transaction

• Seller: NAM Securities Limited
• Company: Orosil Smiths India Limited
• Transaction Period: July 22, 2025 to September 30, 2025
• Shares Sold: 8,36,338
• Shareholding Reduction: From 8.66% to 6.64% of total voting capital
• Mode of Sale: Open market transactions

Impact on Ownership

The sale has led to a significant change in NAM Securities' position within Orosil Smiths India:

• Previous Shareholding: 35,79,615 shares (8.66% of total voting capital)
• Current Shareholding: 27,43,277 shares (6.64% of total voting capital)
• Net Reduction: 2.02% of total voting capital

Regulatory Compliance

NAM Securities has confirmed that this transaction was conducted in compliance with SEBI's substantial acquisition regulations. The company has also stated that it does not belong to the promoter group of Orosil Smiths India Limited.

About Orosil Smiths India Limited

Orosil Smiths India Limited has an equity share capital structure as follows:

Market Implications

While the exact reasons for NAM Securities' decision to reduce its stake have not been disclosed, such moves by significant shareholders often attract attention from other investors and market analysts. The transaction may prompt speculation about the company's future prospects or potential changes in its investor base.

Conclusion

The reduction in NAM Securities' stake in Orosil Smiths India Limited represents a notable shift in the company's ownership structure. As the market digests this information, investors and analysts will likely be watching closely for any potential impacts on the company's stock performance and future strategic decisions.