OBCL Promoter Ravi Agrawal Increases Stake to 46.57% Through Share Acquisition

1 min read     Updated on 20 Mar 2026, 08:10 PM
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AI Summary

OBCL Limited announced that Managing Director and Promoter Ravi Agrawal acquired 32,218 equity shares through open market purchases, increasing his stake from 46.38% to 46.57%. The disclosure was filed under SEBI SAST Regulations following acquisitions conducted between March 18-20, 2026.

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Orissa Bengal Carrier Limited (OBCL) announced share acquisitions by its Managing Director and Promoter, Ravi Agrawal, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed on March 20, 2026, following open market purchases conducted between March 18-20, 2026.

Share Acquisition Details

Agrawal acquired a total of 32,218 equity shares through open market purchases on the National Stock Exchange across three trading sessions. The acquisitions were executed as part of his continued investment in the company.

Date: Shares Acquired: Percentage of Total Capital:
March 18, 2026 21,827 0.14%
March 19, 2026 3,891 0.02%
March 20, 2026 6,500 0.03%
Total 32,218 0.19%

Updated Shareholding Position

Following these acquisitions, Agrawal's total shareholding in OBCL Limited has increased from 97,78,150 shares representing 46.38% to 98,18,368 shares, constituting 46.57% of the company's total paid-up equity share capital.

Parameter: Before Acquisition: After Acquisition:
Number of Shares 97,78,150 98,18,368
Shareholding Percentage 46.38% 46.57%
Total Equity Capital 2,10,82,790 shares 2,10,82,790 shares

Regulatory Compliance

The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited under SEBI SAST Regulations. Ravi Agrawal, serving as Managing Director with DIN 01392652, personally signed the disclosure document. The company maintains its registered office at Jiwan Bima Marg, Pandri, Raipur, Chhattisgarh.

Company Trading Information

OBCL Limited trades on BSE with scrip code 541206 and on NSE with trading symbol OBCL. The company's corporate office is located at A-1, 3rd Floor, C.G. Elite Complex, Opp. Mandi Gate, Pandri Main Road, Raipur. The acquisitions demonstrate the promoter's continued confidence in the company's prospects and strategic direction.

Historical Stock Returns for Orissa Bengal Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%+1.41%+0.27%+1.57%+7.69%-64.77%

What strategic initiatives or growth plans might be driving the Managing Director's increased investment confidence in OBCL?

Could this share acquisition signal preparation for a potential delisting or privatization attempt given the promoter's already substantial 46.57% stake?

How might this increased promoter shareholding affect OBCL's ability to raise capital through future equity offerings or attract institutional investors?

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OBCL Promoter Ravi Agrawal Acquires 1.21 Lakh Shares Under SEBI SAST Disclosure

1 min read     Updated on 13 Mar 2026, 03:24 PM
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OBCL Limited disclosed that promoter Ravi Agrawal acquired 1,21,523 equity shares through open market transactions between March 10-12, 2026, under SEBI SAST regulations. The acquisition increased his shareholding from 95,22,719 shares (45.16%) to 96,44,242 shares (45.74%) of the company's total paid-up equity capital.

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OBCL Limited has disclosed recent share acquisitions by its promoter under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ravi Agrawal, Managing Director and promoter of the company, acquired additional equity shares through open market transactions between March 10-12, 2026.

SEBI SAST Disclosure Details

The formal disclosure under Regulation 29(2) of SEBI SAST Regulations reveals that Agrawal acquired 1,21,523 equity shares through open market purchases across three consecutive trading days. The acquisition represents 0.58% of the company's total paid-up equity share capital of 2,10,82,790 shares.

Transaction Details: March 10, 2026 March 11, 2026 March 12, 2026 Total
Shares Acquired: 45,132 31,294 45,097 1,21,523
Percentage of Capital: 0.21% 0.15% 0.21% 0.58%
Mode: Open Market Open Market Open Market Open Market

Updated Shareholding Pattern

Following these acquisitions, Agrawal's total shareholding in OBCL Limited has increased from 95,22,719 shares to 96,44,242 shares. His percentage holding in the company moved from 45.16% to 45.74%, maintaining his position as a significant promoter stakeholder.

Shareholding Summary: Before Acquisition After Acquisition
Number of Shares: 95,22,719 96,44,242
Percentage Holding: 45.16% 45.74%
Total Paid-up Capital: 2,10,82,790 shares 2,10,82,790 shares

Regulatory Compliance Framework

The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal intimation was submitted to both BSE Limited and National Stock Exchange of India Limited on March 12, 2026.

Company Details: Information
BSE Scrip Code: 541206
NSE Trading Symbol: OBCL
ISIN: INE426Z01016
Promoter Address: 2004, R.K. Villa, L-14, Swarnabhoomi, Vidhan Sabha Road, Raipur, C.G.-493111

The company operates under the name OBCL Limited, formerly known as Orissa Bengal Carrier Ltd. Agrawal holds the position of Managing Director with DIN 01392652, and his registered address is in Raipur, Chhattisgarh. The disclosure maintains transparency in promoter shareholding changes as mandated by SEBI regulations for listed companies.

Historical Stock Returns for Orissa Bengal Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%+1.41%+0.27%+1.57%+7.69%-64.77%
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1 Year Returns:+7.69%