In compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Mahendra K. Daga, a promoter of Orient Bell Ltd., has submitted a formal disclosure regarding his shareholding in the company. This declaration is made under Regulation 29(2) and was filed with BSE Limited and National Stock Exchange of India Ltd. on 12th March 2025.

Shareholding Details and Compliance

As per the disclosure, Mahendra K. Daga holds a total of 34,87,197 shares, accounting for 23.80% of the total share capital of Orient Bell Ltd. The voting rights corresponding to these shares stand at 23.66% of the total diluted shareholding of the company.

Additionally, the disclosure confirms that the shares held by Mahendra K. Daga are not encumbered by pledges, liens, or any other forms of non-disposal undertakings. This means that there are no external constraints on the voting rights or ownership of these shares.

Regulatory Filing under SEBI’s Takeover Code

The filing is part of regulatory requirements under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates that promoters and persons acting in concert (PACs) must disclose any acquisition, disposal, or change in voting rights in a listed company when the holding crosses or falls below specific thresholds.

As per SEBI’s takeover regulations:

• Any acquisition or disposal of shares exceeding 5% requires immediate disclosure.
• Promoters and PACs must notify exchanges of any significant changes in their holdings.
• This ensures transparency for investors and maintains regulatory oversight over substantial share transactions.

By making this filing, Mahendra K. Daga fulfills his regulatory obligation, ensuring that all stakeholders, including investors, regulatory bodies, and the stock exchanges (NSE and BSE), are informed about the status of his shareholding in Orient Bell Ltd.

Impact on Investors and Market Reaction

The disclosure of shareholding by a promoter group member like Mahendra K. Daga is significant for the market and investors for multiple reasons:

• Transparency: It reassures investors about the stability of promoter shareholding in Orient Bell Ltd.
• Market Sentiment: Changes in promoter shareholding often impact stock price movements and investor confidence.
• Regulatory Compliance: It demonstrates adherence to SEBI’s disclosure norms, ensuring fair trading practices in the stock market.

Orient Bell Ltd.: A Look at the Company’s Market Presence

Orient Bell Ltd. is a leading player in the ceramic and tile industry, with a strong presence in India’s construction and interior design sectors. The company’s performance on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) has been closely followed by investors due to its consistent growth and market expansion strategies.

Promoters play a crucial role in shaping the company’s strategic direction, and their shareholding disclosures provide important insights into their confidence in the company’s future growth.

Conclusion

With this disclosure, Mahendra K. Daga, a promoter of Orient Bell Ltd., has confirmed his 23.80% shareholding in the company while ensuring compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This transparency reassures investors, regulatory bodies, and market participants about the promoter’s commitment to the company.

Going forward, any further changes in promoter shareholding will continue to be monitored closely by investors and regulatory authorities to assess its impact on Orient Bell Ltd.’s stock performance and market positioning.

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