OBCL Limited has scheduled its 31st Annual General Meeting (AGM) for Wednesday, September 16, 2026, at 11:00 am. The meeting will be held in physical mode at the company’s corporate office in Raipur, Chhattisgarh. Shareholders on record as of September 9, 2026, are eligible to vote via remote e-voting or ballot paper.

Key Agenda Items

The primary focus of the AGM includes the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Beyond routine business, the Board has proposed several special resolutions aimed at strengthening the company’s capital structure and governance framework.

Enhancement of Borrowing Powers

A critical resolution seeks to enhance the company’s borrowing limits under Section 180(1)(c) of the Companies Act, 2013. The Board proposes authorizing total outstanding borrowings of up to ₹250 crore. This limit applies to monies borrowed apart from temporary loans obtained from bankers in the ordinary course of business. The funds are intended for capital expenditure, working capital requirements, asset acquisitions, refinancing existing debt, and other general corporate purposes.

Concurrently, the company seeks approval under Section 180(1)(a) to create mortgages, charges, hypothecation, or pledges on its movable and immovable assets. This security creation is capped at an aggregate amount of ₹250 crore, aligning with the enhanced borrowing limit. These resolutions are designed to provide the Board with the flexibility to secure financial assistance as needed for future expansion and operational needs.

Director Reappointments

The AGM will also see the reappointment of two key board members:

• Mrs. Shakuntala Devi Agrawal: Retiring by rotation, she offers herself for reappointment as a Non-Executive Director. The Board has also recommended payment of commission to her, subject to shareholder approval, within the limits prescribed under Section 197 of the Companies Act, 2013.
• Mr. Ashish Dakalia: The Independent Director is eligible for reappointment for a second term of five consecutive years, commencing October 1, 2026, and ending September 30, 2031. He meets the independence criteria under Section 149(6) of the Act and SEBI LODR Regulations.

Voting Process

Shareholders can cast their votes electronically through the Central Depository Services (India) Limited (CDSL) platform. The remote e-voting period begins on Friday, September 11, 2026, at 11:00 am and concludes on Tuesday, September 15, 2026, at 5:00 pm. Those who vote remotely will not be permitted to vote again at the physical meeting. M/s. Anil Agrawal & Associates has been appointed as the scrutinizer to ensure a fair and transparent voting process.

OBCL Infrastructure Private Limited, a member of the promoter group of obcl , acquired 19,181 equity shares of Obcl Limited through open market purchases between August 14 and August 18, 2026. The transactions increased the promoter group’s aggregate holding in the company from 10.59% to 10.69% of the total paid-up equity share capital. This acquisition pushes the promoter stake further above the 10% threshold, necessitating a disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure was filed with BSE Limited and National Stock Exchange of India Limited on August 18, 2026. Subhash Chand Mittal, Director of OBCL Infrastructure Private Limited, signed the disclosure, confirming that all acquisitions were executed via on-market transactions. This batch follows a larger round of purchases earlier in the month, which saw the acquisition of 160,579 shares between August 11 and August 13, 2026.

Acquisition Details

The 19,181 shares were purchased across three separate trading sessions over five days. The acquisitions were made in addition to the 160,579 shares bought earlier in the month, reflecting sustained interest from the promoter group.

Holding Structure Post-Acquisition

Prior to these latest acquisitions, the promoter group held 2,234,761 shares carrying voting rights, constituting 10.59% of the total voting capital, following the purchases in mid-August. Following the addition of the new shares, the total holding stands at 2,253,942 shares. There were no changes to encumbered shares, warrants, or other convertible securities during this period. The total diluted share/voting capital of the company remains at 21,082,790 equity shares.

The registered office of Obcl Limited is located in Raipur, Chhattisgarh. The company is formerly known as Orissa Bengal Carrier Ltd.