Acquisitions30 March 2026 at 09:31 am
Kanchan Daga Acquires 6.85% Stake in Orbit Exports Ltd
AI Summary
Kanchan Daga, along with persons acting in concert (PACs), has acquired a 6.85% stake in Orbit Exports Ltd as of March 27, 2026. The total paid-up equity share capital of the company is Rs. 26,51,11,520 comprising of 2,65,11,152 Equity Shares of Rs. 10/- each.
Key Highlights
- Kanchan Daga's total holding in Orbit Exports Ltd is 6.85%
- The acquisition was made in compliance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- The paid-up equity share capital of Orbit Exports Ltd is Rs. 26,51,11,520 comprising of 2,65,11,152 Equity Shares of Rs. 10/- each
- Varun Daga Family Trust and Shreans Daga Family Trust are also part of the acquisition with 3.01% and 3.00% stake respectively
ORBTEXPOther Textile Products
ORBIT EXPORTS LTD.Price Impact