Orosil Smiths India Limited has successfully completed the sale of its property located at A-89, Sector-2, Noida – 201301, receiving a total consideration of ₹26.02 crore net of expenses. The company informed BSE Limited of this completion on March 21, 2026, marking the conclusion of a transaction that has progressed through multiple payment stages since April 2025.

Transaction Completion Details

The company received the balance consideration amount on March 20, 2026, finalizing the property sale transaction. This latest development follows a series of previous payments, including a ₹1 crore payment received from buyer Mr. Sanidhya Garg in March 2026.

Transaction Timeline

The property sale has been an ongoing process with regular updates provided to stakeholders through multiple regulatory filings. The company referenced eight previous intimations dating from April 2025 through March 2026, demonstrating a systematic approach to the transaction completion.

Regulatory Compliance

The notification was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Sakshi Bansal signed the regulatory filing, confirming the completion of the property sale transaction.

Orosil Smiths India Limited has maintained transparency throughout the transaction process by providing timely updates on material developments, ensuring stakeholders remained informed about this significant financial transaction affecting the company.

Orosil smiths India Limited has received a formal disclosure from B K Narula HUF regarding the substantial acquisition of shares under SEBI regulations. The promoter group entity acquired additional equity shares through open market purchase on March 20, 2026, further increasing its stake in the company.

Share Acquisition Details

B K Narula HUF acquired 34,169 equity shares representing 0.08% of Orosil Smiths India Limited's total paid-up equity share capital. The acquisition was conducted through open market purchase and disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Pattern Changes

The acquisition resulted in a marginal change in B K Narula HUF's shareholding pattern in the company. Prior to this transaction, the entity held 60,65,395 shares, which increased to 60,99,564 shares post-acquisition.

Company Capital Structure

Orosil Smiths India Limited's equity share capital remained unchanged following this transaction. The company maintains its total equity share capital structure with no dilution effects from this acquisition.

Regulatory Compliance and Documentation

The formal disclosure was submitted to BSE Limited with B K Narula acting as Karta of B K Narula HUF signing the disclosure documents. The acquisition confirms B K Narula HUF's status as belonging to the promoter group of the target company. The disclosure includes comprehensive details of shareholding before and after the acquisition, ensuring full compliance with SEBI regulations for substantial acquisition reporting. Company Secretary & Compliance Officer Sakshi Bansal digitally signed the disclosure documents on behalf of Orosil Smiths India Limited, confirming receipt and processing of the regulatory filing.