Orient Bell Promoter Mahendra K. Daga Increases Shareholding to 20.73% Through Open Market Purchase

Orient Bell Limited's promoter Mahendra K. Daga has increased his shareholding in the company through an open market purchase, according to a regulatory disclosure filed with the stock exchanges.

Share Acquisition Details

The promoter acquired 2,541 shares carrying voting rights on 04.02.2026 through open market transactions. This acquisition represents 0.02% of the company's total share capital and diluted share capital.

Parameter	Before Acquisition	Acquisition	After Acquisition
Number of Shares	30,47,529	2,541	30,50,070
% of Total Share Capital	20.72%	0.02%	20.73%
% of Diluted Share Capital	20.64%	0.02%	20.66%

Company Share Capital Structure

The disclosure reveals Orient Bell Limited's current capital structure following the transaction:

Capital Details	Shares
Equity Share Capital (Before & After)	14,71,04,760
Total Diluted Share Capital	14,76,34,760

The company's equity share capital remained unchanged at 14,71,04,760 shares, while the total diluted share capital stands at 14,76,34,760 shares, accounting for outstanding convertible securities and warrants.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Mahendra K. Daga filed the necessary documentation with BSE Limited's Corporate Relations Department on 05.02.2026, one day after the share acquisition.

Stock Exchange Listing

Orient Bell Limited's shares are listed on two major Indian stock exchanges:

National Stock Exchange of India Ltd.
BSE Ltd.

The acquisition strengthens the promoter's position in the company, with Mahendra K. Daga maintaining his status as a key stakeholder in the promoter and promoter group category. The transaction was conducted through regular market mechanisms, demonstrating continued confidence in the company's prospects.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+7.59%	+3.18%	-8.05%	-9.18%	+14.27%	+27.21%

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.

Parameter:	Original Disclosure	Corrected Disclosure
Shares Before Acquisition:	30,44,308	30,44,808
Shares After Acquisition:	30,44,558	30,45,058
Shares Purchased:	250	250
Purchase Date:	January 30, 2026	January 30, 2026

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.

Shareholding Metric:	Before Acquisition	After Acquisition	Change
Number of Shares:	30,44,808	30,45,058	+250
% of Total Share Capital:	20.70%	20.70%	No Change
% of Diluted Capital:	20.62%	20.63%	+0.01%

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.