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.

Financial Performance Overview

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. The company reported a significant shift in profitability during FY25-26.

The consolidated revenue from operations increased by approximately 2.5% to ₹34,721.19 lakh from ₹33,884.95 lakh in the previous year. However, the company recorded a consolidated loss of ₹782.88 lakh for FY25-26, contrasting with a profit of ₹231.17 lakh in FY24-25. This reversal was driven by higher operating expenses, employee benefit costs, and finance costs. Standalone results mirrored this trend, with a loss of ₹854.53 lakh against a profit of ₹107.94 lakh in the prior year.

Key Agenda Items

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 and Compliance

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.

The company confirmed that the Notice of AGM was published in Business Standard (English and Hindi editions) on August 21, 2026. Notices were dispatched via email to registered members and physically to others, with a tentative completion date of August 22, 2026. The cut-off date for determining shareholder eligibility was August 14, 2026. The scrutinizer’s report and voting results are tentatively scheduled to be submitted and intimated to stock exchanges on September 18, 2026.

obcl promoter group member OBCL Infrastructure Private Limited acquired 67,081 equity shares through on-market transactions between August 3 and August 5, 2026. The acquisition increases the entity's total holding to 20,67,081 shares, raising its stake in the company to 9.80% from 9.49%. This move signals continued confidence from the promoter group in the company's long-term prospects.

The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. OBCL Infrastructure Private Limited informed the Board of Directors on August 5, 2026, regarding the acquisitions executed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company subsequently filed the report with both exchanges on August 6, 2026.

Share Acquisition Details

The promoter group member purchased shares across three consecutive trading days. The breakdown of the acquisitions is as follows:

Prior to these transactions, OBCL Infrastructure Private Limited held 20,00,000 equity shares, constituting 9.49% of the company's total paid-up equity share capital. Post-acquisition, the holding stands at 20,67,081 shares.

Transaction Values and Regulatory Compliance

The Form C disclosure filed with the exchanges details the transaction values separately for each exchange. On the BSE, the entity acquired 232 shares valued at ₹12,412. On the NSE, it acquired 66,849 shares valued at ₹35,46,891.56. The total value of the transactions excludes taxes, brokerage, and other charges.

Subhash Chand Mittal, Director of OBCL Infrastructure Private Limited, signed the disclosure form dated August 5, 2026. Muskaan Gupta, Company Secretary and Compliance Officer of OBCL Limited, certified the submission to the exchanges on August 6, 2026. No derivatives trading was reported by the promoter group during this period.