ACN Financial Services Limited has reduced its shareholding in BLB Limited , a move that has altered the company's ownership structure. The transaction, which took place on November 3, 2025, saw ACN Financial Services offloading a significant portion of its stake in the open market.

Key Details of the Transaction

ACN Financial Services sold 12,20,885 shares of BLB Limited through open market transactions. This sale reduced ACN's shareholding from 15.19% to 12.88% of BLB Limited's total voting capital.

Impact on BLB Limited's Structure

• Total Equity Share Capital: BLB Limited's total equity share capital remains unchanged at Rs. 5,28,65,258, comprising 52,865,258 equity shares of Re. 1 each.
• Promoter Group: ACN Financial Services is not part of BLB Limited's promoter group.
• Stock Exchanges: BLB Limited's shares continue to be listed on both the National Stock Exchange and the Bombay Stock Exchange.

Regulatory Compliance

The transaction triggered a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. ACN Financial Services filed the required disclosure on November 4, 2025, adhering to regulatory norms.

This change in shareholding structure represents a significant shift in the ownership pattern of BLB Limited. The immediate impact on the company's operations or strategy remains to be seen.

BLB has reported robust financial results for the second quarter and half-year ended September 30, 2025, alongside plans to diversify its business operations through a new real estate subsidiary.

Financial Performance

The company's unaudited financial results, approved by the Board of Directors on November 1, 2025, reveal significant growth in both revenue and profitability.

BLB's revenue from operations for Q2 FY2026 stood at ₹338.70 crore, with a total revenue of ₹340.71 crore. The company reported a profit before tax of ₹11.47 crore and a profit after tax of ₹8.95 crore for the quarter.

For the half-year ended September 30, 2025, the company's revenue from operations reached ₹395.12 crore, with a total revenue of ₹397.52 crore. The profit before tax for H1 FY2026 was ₹26.31 crore, while the profit after tax stood at ₹20.44 crore.

The company's performance shows a marked improvement, with the Earnings Per Share (EPS) for Q2 FY2026 at ₹1.69 and for H1 FY2026 at ₹3.86.

New Real Estate Subsidiary

In a strategic move to diversify its business operations, BLB's Board of Directors has approved a proposal to incorporate a new wholly-owned subsidiary (WOS) focused on the real estate sector. The proposed subsidiary, tentatively named BLB Properties Private Limited, aims to engage in property and real estate business, including purchase, sale, construction, and other allied activities.

Key details of the proposed subsidiary:

• Authorized Share Capital: ₹10 crore
• Paid-up Share Capital: ₹9 crore
• Shareholding: 100% owned by BLB
• Share Price: Face value of ₹10 per share

The company stated that this move is intended to help BLB become more agile and diversified in its operations. The incorporation of the subsidiary is subject to necessary approvals from statutory and regulatory authorities.

Financial Position

As of September 30, 2025, BLB's balance sheet reflects a strong financial position:

The company's total assets stood at ₹122.91 crore, with a robust equity base of ₹117.60 crore. BLB maintained a healthy liquidity position with cash and cash equivalents of ₹11.52 crore.

The financial results and the proposal for the new subsidiary underscore BLB's focus on growth and strategic diversification. Investors and market watchers may want to keep an eye on how these developments impact the company's future performance and market position.

Note: The financial figures provided are based on the unaudited results for the quarter and half-year ended September 30, 2025, as reported by BLB.