BLB Limited promoter Brij Rattan Bagri has increased his stake in the company through a significant open market transaction. The move, which took place on March 18, 2025, has resulted in a notable shift in the company's ownership structure.

Transaction Details

Bagri, who serves as both a promoter and director of BLB Limited, acquired 1,26,169 equity shares through open market transactions. This strategic purchase has led to an increase in his shareholding from 40.16% to 40.40% of the company's total voting capital, representing a 0.24% boost in his stake.

Regulatory Compliance

The transaction was promptly disclosed in accordance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares. This transparency ensures that all stakeholders are informed about significant changes in the company's ownership.

Company Overview

BLB Limited has a total equity share capital of Rs. 5,28,65,258. This capital is divided into 52,865,258 equity shares, each with a face value of Re. 1.

Market Implications

While the increase in Bagri's stake is relatively small, it could be seen as a vote of confidence in the company's future prospects. Such moves by promoters are often closely watched by market participants as they may signal insider optimism about the company's direction and potential.

Investors and market analysts will likely monitor any further changes in the ownership structure of BLB Limited, as well as any potential impact on the company's governance and strategic decisions going forward.

BLB Limited , a company involved in capital markets, has made significant changes to its board and auditing structure at its 44th Annual General Meeting (AGM) held on August 18, 2025. The shareholders approved several key appointments and amendments during the virtual meeting.

New Board Appointments

The company has bolstered its leadership with two new appointments to the board of directors:

1. Sh. Deepak Shrivastava has been appointed as a Non-Executive Director. With over three decades of experience in capital markets, management, corporate functions, accounts, and banking within the BLB Group, Shrivastava brings a wealth of knowledge to the board. The 52-year-old holds a Bachelor of Arts degree from Delhi University.

2. Sh. Dinesh Rajvanshi joins as a Non-Executive Independent Director for a term of five consecutive years. Rajvanshi, a fellow member of The Institute of Chartered Accountants of India, contributes around 35 years of expertise in accounts, finance, audits, and taxation.

Both appointments were approved by shareholders at the AGM, with the company confirming that neither director is debarred from holding directorial positions by any regulatory authority.

New Secretarial Auditor

In addition to the board appointments, the AGM saw the approval of M/s. Meenu S. & Associates as the new Secretarial Auditor of the company. The firm, led by proprietor Meenu Sharma, has been appointed for a term of five consecutive years starting from the financial year 2025-26.

Other Key Resolutions

The AGM also addressed several other important matters:

• Re-appointment of Sh. Anshul Mehra, who was retiring by rotation
• Amendment to the Articles of Association of the company
• Modifications to the terms of appointment for Sh. Anshul Mehra as Executive Director
• Changes to the terms of appointment and remuneration for Sh. Brij Rattan Bagri, the Chairman and Managing Director

Voting Results

All resolutions put forth at the AGM were passed with an overwhelming majority. The e-voting results showed that each resolution received over 99.99% votes in favor, indicating strong shareholder support for the company's decisions.

BLB Limited's proactive approach in strengthening its governance structure and leadership team suggests a focus on enhancing its position in the capital markets sector. These changes may set the stage for new strategic directions and growth opportunities for the company in the coming years.