Laxmi Dental Promoter Sameer Merchant Increases Stake with 15,000 Share Acquisition

1 min read     Updated on 28 Feb 2026, 10:53 AM
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Ashish TScanX News Team
Overview

Sameer Kamlesh Merchant, Promoter and Managing Director of Laxmi Dental Limited, acquired 15,000 equity shares through open market purchase on February 27, 2026, increasing his shareholding from 15.77% to 15.80%. The acquisition was disclosed under SEBI Takeover Regulations and filed with BSE and NSE where the company is listed.

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*this image is generated using AI for illustrative purposes only.

Laxmi dental Limited has disclosed that its Promoter and Managing Director Sameer Kamlesh Merchant acquired 15,000 equity shares through open market purchase on February 27, 2026. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition represents a marginal increase in Merchant's stake in the dental products company. The transaction details are summarized below:

Parameter: Before Acquisition After Acquisition
Number of Shares: 86,65,932 86,80,932
Percentage of Total Share Capital: 15.77% 15.80%
Percentage of Diluted Share Capital: 15.67% 15.70%

Acquisition Specifics

The transaction involved the purchase of 15,000 equity shares, representing 0.03% of the company's total share capital. Key transaction details include:

Details: Information
Mode of Acquisition: Open Market
Date of Acquisition: February 27, 2026
Shares Acquired: 15,000
Percentage Acquired: 0.03%

Company Capital Structure

Laxmi Dental Limited's equity structure remained unchanged following the acquisition. The company maintains:

  • Equity Share Capital: 5,49,62,149 equity shares of Rs. 2/- each
  • Total Value: Rs. 10,99,24,298/-
  • Diluted Share Capital: 5,53,07,928 equity shares of Rs. 2/- each
  • Diluted Capital Value: Rs. 11,06,15,856/-

Regulatory Compliance

The disclosure was filed with both BSE (Scrip Code: 544339) and NSE (Symbol: LAXMIDENTL) where Laxmi Dental Limited shares are listed. Sameer Kamlesh Merchant, holding DIN: 00679893, serves as the company's Promoter, CEO and Managing Director. The company was formerly known as Laxmi Dental Export Private Limited before its current corporate structure.

Historical Stock Returns for Laxmi Dental

1 Day5 Days1 Month6 Months1 Year5 Years
+0.78%-2.29%-7.28%-43.91%-41.45%-65.02%

Laxmi Dental Limited Schedules Non-Deal Roadshow for March 05, 2026 in Pune

1 min read     Updated on 26 Feb 2026, 07:13 PM
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Reviewed by
Shriram SScanX News Team
Overview

Laxmi Dental Limited has scheduled a Non-Deal Roadshow for March 05, 2026 at 11:00 AM in Pune, organized by Elara Capital for investor meetings. The company announced this under SEBI Regulation 30 compliance, emphasizing that discussions will be based on publicly available information only, with no unpublished price sensitive information to be shared during the interactions.

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*this image is generated using AI for illustrative purposes only.

Laxmi Dental Limited has announced its participation in a Non-Deal Roadshow (NDR) scheduled for March 05, 2026, as part of its investor engagement activities. The company informed stock exchanges about this scheduled investor meeting under regulatory compliance requirements.

Meeting Details

The roadshow has been organized with specific parameters for investor interactions:

Parameter: Details
Date & Time: March 05, 2026 at 11:00 AM onwards
Nature of Meeting: 1x1 / Group Meeting
Organized by: Elara Capital
Venue: Pune

Regulatory Compliance

The announcement was made pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. Company officials emphasized that all discussions during the roadshow will be based exclusively on publicly available information.

The company has specifically stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the investor interactions. This adherence to regulatory guidelines ensures compliance with SEBI norms regarding information dissemination.

Administrative Details

Laxmi Dental Limited, formerly known as Laxmi Dental Export Private Limited, communicated this information to both BSE Limited and National Stock Exchange of India Limited. The company noted that changes may occur due to exigencies on the part of participants or the company.

The roadshow information will be made available on the company's official website at www.laxmidentallimited.com for stakeholder access. Company Secretary and Compliance Officer Suman Saha signed the regulatory filing on February 26, 2026.

Historical Stock Returns for Laxmi Dental

1 Day5 Days1 Month6 Months1 Year5 Years
+0.78%-2.29%-7.28%-43.91%-41.45%-65.02%

More News on Laxmi Dental

1 Year Returns:-41.45%