Mahendra Kumar Daga files Regulation 31(4) disclosure under SEBI Takeover Code with NSE

Regulatory 22 Jun 2026 · Filed / open· ✓ Verified

Mahendra Kumar Daga, a promoter/substantial shareholder of Orient Bell Limited (BSE: 500093; NSE: ORIENTBELL), filed a Regulation 31(4) disclosure with NSE. This regulation requires acquirers to file within 48 hours of crossing 5%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 60%, 70%, 80%, 90% or 95% shareholding thresholds. The disclosure was submitted via the NSE archives system on or around 22 June 2026. The filing itself does not provide the acquisition price, number of shares acquired, or resulting shareholding percentage in the headline; those are contained in the detailed Form A or subsequent SAST (Substantial Acquisition of Shares and Takeovers) schedules.

Why it mattersRegulation 31(4) filings trigger acquirer-side disclosure obligations within two days of crossing thresholds; the filing confirms a material event but does not disclose the acquisition quantum or consideration-those details appear in the full Form A or supplementary SAST disclosures, which require cross-referencing with the company's investor portal for deal specifics.
SectorConsumer & Retail
[object Object][object Object][object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals