BLB Limited has disclosed that its Promoter and Managing Director, Sh. Brij Rattan Bagri, received a Show Cause Notice from the Securities and Exchange Board of India (SEBI) regarding alleged insider trading violations. The company made this disclosure on March 19, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Show Cause Notice Details

The regulatory notice was received by Bagri in two phases - initially on March 13, 2026, via email without annexures, and subsequently on March 17, 2026, through post with the complete set of documents and annexures. The Show Cause Notice was issued under Rule 4(1) of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995.

Alleged Violations

The Show Cause Notice pertains to alleged violation of Regulation 3(1) of SEBI (Prohibition of Insider Trading) Regulations, 2015, specifically in relation to the scrip of BLB Limited. The notice has been issued to Bagri in his personal capacity as the company's Promoter and Managing Director.

Management Response and Company Position

Bagri has informed the company that the matter is personal to him and that he is currently in the process of seeking appropriate legal advice. He has indicated that he will take appropriate steps to address the matter. The company has emphasized that it is not a noticee in the proceedings and that the Show Cause Notice has been issued to the Managing Director in his individual capacity.

Impact Assessment

BLB Limited has clarified that the regulatory action does not have any impact on the company's operations or financial performance. The company stated that there is currently no impact on its financial, operational, or other activities, as the notice pertains specifically to the Managing Director's personal conduct.

Corporate Governance Disclosure

The disclosure was made by Company Secretary Nishant Garud in the interest of good corporate governance and transparency. The company provided detailed information as required under Regulation 30 of the SEBI (LODR) Regulations, including comprehensive particulars about the regulatory action, its nature, and potential implications for the listed entity.

BLB Limited's Promoter and Managing Director Brij Rattan Bagri has filed a revised disclosure under SEBI's Substantial Acquisition of Shares & Takeover Regulations following a share transaction reversal. The company submitted the revised disclosure under Regulation 29(2) to both NSE and BSE on 25th February, 2026.

Transaction Reversal Details

The revision became necessary after Bagri experienced a short delivery of shares from his recent purchase. He had acquired 6,98,801 shares on 20th February, 2026 at Rs. 20.45 per share through open market purchase, with a total transaction value of Rs. 1,42,90,480.45.

Share Delivery Issue

According to Bagri's disclosure, out of the total delivery of 6,99,896 shares expected on the payout day (23rd February, 2026), 1,095 shares were short delivered by the stock exchange. These shares were subsequently closed out by the exchange and were not delivered to the promoter, necessitating the transaction reversal.

Updated Shareholding Position

Following the reversal of the 1,095 shares, Bagri's shareholding has been adjusted from 2,38,05,723 shares to 2,38,04,628 shares. The revised holding represents 45.03% of the company's total equity share capital.

Regulatory Compliance

The revised disclosure was submitted in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeover Regulations), 2011. The disclosure provides complete details of the transaction, including the circumstances leading to the revision and the updated shareholding position. The company's equity share capital remains unchanged at Rs. 5,28,65,258.00, comprising 52,865,258 equity shares of Re. 1 each.

Bagri, holding DIN 00007441, digitally signed and submitted the revised disclosure to both stock exchanges, with Company Secretary Nishant Garud copied on the communication, ensuring proper regulatory compliance and transparency in the promoter's shareholding changes.