Orient Bell Limited has issued a clarification to stock exchanges regarding inadvertent errors in shareholding disclosures filed under SEBI regulations. The company addressed discrepancies in figures reported for a recent share acquisition transaction.

Disclosure Error Details

The clarification pertains to disclosures submitted on February 2, 2026, under two key SEBI regulations. The company filed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, while the acquirer submitted disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance

The company emphasized that both disclosures were submitted within the time limits prescribed under relevant law. Company Secretary and Head - Legal Yogesh Mendiratta signed the clarification notice dated February 4, 2026, confirming the company's commitment to accurate regulatory reporting.

Corrective Action

Orient Bell Limited has committed to submitting revised disclosures shortly to rectify the inadvertent errors. The clarification was communicated to both BSE Limited and National Stock Exchange of India Ltd, ensuring transparency with all relevant stakeholders.

The company's proactive approach in identifying and correcting the disclosure errors demonstrates adherence to corporate governance standards and regulatory compliance requirements.

Orient Bell promoter Mahendra K. Daga has submitted a revised disclosure under SEBI regulations, correcting shareholding figures from his recent equity share acquisition. The correction was filed on February 4, 2026, addressing inadvertent errors in the original disclosure submitted on February 2, 2026.

Correction Details

The revised disclosure corrects the shareholding figures related to Daga's purchase of 250 equity shares through open market on January 30, 2026. The original filing contained incorrect shareholding numbers that required rectification under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Updated Shareholding Pattern

Following the correction, Daga's revised shareholding pattern shows his total holding increased from 30,44,808 shares to 30,45,058 shares. The percentage shareholding reflects a marginal increase while maintaining substantial promoter stake in the company.

Company Capital Structure

Orient Bell Limited's equity share capital remains unchanged at 14,71,04,760 shares before and after the transaction. The company's total diluted share capital, including convertible securities, stands at 14,76,34,760 shares.

Regulatory Compliance

The revised disclosure demonstrates adherence to SEBI transparency requirements for promoter transactions. Orient Bell Limited is listed on both National Stock Exchange of India Limited and BSE Limited, necessitating accurate reporting of substantial acquisitions by promoter group members.

Mahendra K. Daga, with registered address at D1/6, Vasant Vihar, New Delhi-110057, confirmed his promoter group status in the filing. The correction ensures proper regulatory compliance while maintaining transparency in promoter shareholding changes.