Sameer Kamlesh Merchant, Promoter and Managing Director of Laxmi Dental Limited, acquired 15,000 equity shares through open market purchase on February 27, 2026, increasing his shareholding from 15.77% to 15.80%. The acquisition was disclosed under SEBI Takeover Regulations and filed with BSE and NSE where the company is listed.
Laxmi dental Limited has disclosed that its Promoter and Managing Director Sameer Kamlesh Merchant acquired 15,000 equity shares through open market purchase on February 27, 2026. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The share acquisition represents a marginal increase in Merchant's stake in the dental products company. The transaction details are summarized below:
Parameter: Before Acquisition After Acquisition Number of Shares: 86,65,932 86,80,932 Percentage of Total Share Capital: 15.77% 15.80% Percentage of Diluted Share Capital: 15.67% 15.70%
Acquisition Specifics
The transaction involved the purchase of 15,000 equity shares, representing 0.03% of the company's total share capital. Key transaction details include:
Details: Information Mode of Acquisition: Open Market Date of Acquisition: February 27, 2026 Shares Acquired: 15,000 Percentage Acquired: 0.03%
Company Capital Structure
Laxmi Dental Limited's equity structure remained unchanged following the acquisition. The company maintains:
Equity Share Capital: 5,49,62,149 equity shares of Rs. 2/- each
Total Value: Rs. 10,99,24,298/-
Diluted Share Capital: 5,53,07,928 equity shares of Rs. 2/- each
Diluted Capital Value: Rs. 11,06,15,856/-
Regulatory Compliance
The disclosure was filed with both BSE (Scrip Code: 544339) and NSE (Symbol: LAXMIDENTL) where Laxmi Dental Limited shares are listed. Sameer Kamlesh Merchant, holding DIN: 00679893, serves as the company's Promoter, CEO and Managing Director. The company was formerly known as Laxmi Dental Export Private Limited before its current corporate structure.
Laxmi Dental Limited has announced its participation in a Non-Deal Roadshow (NDR) scheduled for March 05, 2026, as part of its investor engagement activities. The company informed stock exchanges about this scheduled investor meeting under regulatory compliance requirements.
Meeting Details
The roadshow has been organized with specific parameters for investor interactions:
Parameter: Details Date & Time: March 05, 2026 at 11:00 AM onwards Nature of Meeting: 1x1 / Group Meeting Organized by: Elara Capital Venue: Pune
Regulatory Compliance
The announcement was made pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. Company officials emphasized that all discussions during the roadshow will be based exclusively on publicly available information.
The company has specifically stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the investor interactions. This adherence to regulatory guidelines ensures compliance with SEBI norms regarding information dissemination.
Administrative Details
Laxmi Dental Limited, formerly known as Laxmi Dental Export Private Limited, communicated this information to both BSE Limited and National Stock Exchange of India Limited. The company noted that changes may occur due to exigencies on the part of participants or the company.
The roadshow information will be made available on the company's official website at www.laxmidentallimited.com for stakeholder access. Company Secretary and Compliance Officer Suman Saha signed the regulatory filing on February 26, 2026.
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