Promoter group entity B K Narula HUF acquired 1,264 equity shares of Orosil Smiths India Limited through the open market on August 26, 2026.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction did not alter the promoter's overall voting power, which remains at 15.64% of the total paid-up equity share capital.

Holding Details

Prior to the transaction, B K Narula HUF held 64,62,187 shares carrying voting rights. Following the purchase, the total holding increased to 64,63,451 shares. None of the shares held by the acquirer are encumbered by pledge, lien, or non-disposal undertakings.

The company's total equity share capital stands at ₹4,13,16,000, representing 4,13,16,000 equity shares of Re. 1/- each. The diluted share capital remains unchanged at the same figure.

Orosil Smiths India Limited reported a net profit of ₹2,291.97 crore for the fiscal year ended March 31, 2026, a sharp rise from the previous year's profit of ₹61.07 crore. The surge was primarily driven by a net gain of ₹2,555.04 crore from the sale of land and buildings. The company has scheduled its 32nd Annual General Meeting for Friday, September 25, 2026.

The meeting will be held at the YWCA of Delhi in New Delhi to transact ordinary and special business items. Shareholders will vote on the adoption of the Audited Standalone Financial Statements for FY26 and the re-appointment of Mr. Karan Suri as a Director, who retires by rotation.

Financial Performance

Total income for FY26 stood at ₹2,978.74 crore, up significantly from ₹282.53 crore in FY25. Revenue from operations was ₹264.78 crore, compared to ₹280.73 crore in the prior year. Other income jumped to ₹2,713.96 crore from ₹1.80 crore, largely due to the asset sale proceeds.

Special Business Items

The Board has proposed several special resolutions for shareholder approval:

• Appointment of Independent Director: Mr. Nikhil Jain is proposed for appointment as a Non-Executive Independent Director for a five-year term commencing from September 25, 2026.
• Increase in Investment Limits: The company seeks approval to increase limits for making investments, extending loans, and providing guarantees to persons or bodies corporate. The aggregate limit is proposed to remain available up to ₹19 crore.
• Secretarial Auditor Appointment: Ms. Prachi Bansal has been recommended for appointment as Secretarial Auditor for five consecutive financial years, from FY26 to FY30.

Voting Details

Members holding shares as on the cut-off date of Thursday, September 17, 2026, are eligible to vote. Remote e-voting will be facilitated by NSDL from Tuesday, September 22, 2026, at 9:00 am until Thursday, September 24, 2026, at 5:00 pm.

The Company Secretary, Sakshi Bansal, has been appointed as the Scrutinizer to oversee the voting process.