Ravi Agrawal, Managing Director & Promoter of orissa bengal carrier Limited, has increased his stake in the company by acquiring 41,310 equity shares through open market transactions. The purchases, executed on June 8 and June 9, 2026, were carried out on the National Stock Exchange (NSE) for a total consideration of ₹22,92,534.5. This acquisition raises Agrawal's shareholding to 47.16% of the company's total paid-up equity share capital.

The disclosure was submitted to the stock exchanges on June 10, 2026, in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing detailed the specific breakdown of the acquisitions, which occurred over two consecutive trading days.

Acquisition Details

The transactions were split across two days, with the first batch of 10,831 shares purchased on June 8, 2026, representing approximately 0.05% of the equity capital. The subsequent purchase of 30,479 shares on June 9, 2026, accounted for approximately 0.14% of the equity capital.

Post-Transaction Holding

Following these acquisitions, Ravi Agrawal's total holding in OBCL Limited stands at 99,44,713 equity shares. This constitutes 47.16% of the company's paid-up equity share capital, up from the previous holding of 99,03,403 shares, or 46.97%, prior to the transactions. The company confirmed that no trading in derivatives was undertaken by the promoter during this period.

OBCL Limited reported a consolidated net loss of ₹782.88 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹231.17 lakh recorded in the previous year. Revenue from operations rose to ₹34,721.19 lakh for FY26 from ₹33,884.95 lakh in the prior year, while total expenses increased to ₹35,819.79 lakh from ₹33,766.47 lakh. The company’s standalone results also reflected a downturn, with a net loss of ₹854.53 lakh for the year against a profit of ₹107.94 lakh in FY25.

The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The board also approved amendments to the Related Party Transaction Policy and the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. Statutory Auditors M/s. Agrawal Mahendra & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the financial results.

Pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted copies of the newspaper advertisement published on May 30, 2026, regarding the audited financial results. The advertisement was published in Hindu Business Line and Pioneer (Hindi).

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹516.12 lakh. Revenue from operations for the quarter stood at ₹9,819.17 lakh. Total comprehensive income for the year was a negative ₹785.62 lakh. Earnings per share (EPS) for the year was reported at a loss of ₹3.71, compared to a profit of ₹1.10 in the previous year.

Segment Reporting

The group operates primarily through two reportable segments: Road Transportation Service and Trading Business. The Road Transportation Service segment generated revenue of ₹30,987.71 lakh for the year but reported a loss before tax of ₹807.14 lakh. The Trading Business segment reported a revenue of ₹3,733.48 lakh and a profit before tax of ₹91.12 lakh.

Financial Position and Cash Flows

The company’s total consolidated assets as of March 31, 2026, stood at ₹17,164.96 lakh, up from ₹16,272.33 lakh in the previous year. Total equity decreased to ₹8,392.64 lakh from ₹9,178.27 lakh. Net cash flow from operating activities improved to ₹1,328.60 lakh from a negative ₹1,757.02 lakh in the prior year. Cash and cash equivalents increased to ₹417.43 lakh as of March 31, 2026.

The auditors included an emphasis of matter noting that balances of trade receivables, deposits, loans, and advances are subject to confirmation from respective parties. Additionally, the management stated that while trade payables may include dues to micro and small enterprises, it does not have ready information regarding their categorization and does not expect significant dues to such entities.