News Orders & Deals Orient Bell Promoter Mahendra K. Daga Increases Shareholding to 20.86% Through Open Market PurchaseOrient Bell Promoter Mahendra K. Daga Increases Shareholding to 20.86% Through Open Market Purchase
Mahendra K. Daga, promoter of Orient Bell Limited, acquired 1,727 equity shares through open market purchase on February 20, 2026, increasing his shareholding from 30,66,496 to 30,68,223 shares. His percentage holding increased from 20.84% to 20.86% of total share capital and from 20.77% to 20.78% of diluted share capital. The transaction was disclosed under SEBI Regulation 29(2) for substantial acquisition of shares by promoters.
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Orient Bell promoter Mahendra K. Daga has increased his shareholding in the company through a recent open market acquisition. The transaction was disclosed under SEBI regulations governing substantial acquisition of shares by promoters and persons acting in concert.
Transaction Details
The share acquisition took place on February 20, 2026, when Daga purchased 1,727 equity shares through open market operations. This modest but notable increase demonstrates continued confidence from the promoter group in the company's prospects.
| Parameter | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares | 30,66,496 | 30,68,223 | +1,727 |
| % of Total Share Capital | 20.84% | 20.86% | +0.02% |
| % of Diluted Share Capital | 20.77% | 20.78% | +0.01% |
Shareholding Structure
Following the acquisition, Daga's total shareholding stands at 30,68,223 shares, representing 20.86% of the company's total voting capital. The transaction involved shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in this particular acquisition.
Company Capital Structure
Orient Bell Limited's equity share capital remained unchanged at 14,71,04,760 shares before and after the transaction. The total diluted share capital, which accounts for potential conversion of outstanding convertible securities and warrants, stands at 14,76,34,760 shares.
Regulatory Compliance
The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. As a promoter of Orient Bell Limited, Daga is required to disclose any changes in his shareholding pattern to ensure transparency for investors and regulatory compliance.
The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited, providing liquidity and accessibility for investors across major Indian stock exchanges.
Historical Stock Returns for Orient Bell
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.07% | +2.68% | +13.57% | +10.68% | +6.63% | +39.92% |
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