Orosil Smiths India Limited has experienced a significant reduction in shareholding by NAM Securities Limited, a move that has caught the attention of market observers. The transaction, conducted over a period of more than two months, has resulted in a notable decrease in NAM Securities' ownership stake in the company.

Key Details of the Transaction

• Seller: NAM Securities Limited
• Company: Orosil Smiths India Limited
• Transaction Period: July 22, 2025 to September 30, 2025
• Shares Sold: 8,36,338
• Shareholding Reduction: From 8.66% to 6.64% of total voting capital
• Mode of Sale: Open market transactions

Impact on Ownership

The sale has led to a significant change in NAM Securities' position within Orosil Smiths India:

• Previous Shareholding: 35,79,615 shares (8.66% of total voting capital)
• Current Shareholding: 27,43,277 shares (6.64% of total voting capital)
• Net Reduction: 2.02% of total voting capital

Regulatory Compliance

NAM Securities has confirmed that this transaction was conducted in compliance with SEBI's substantial acquisition regulations. The company has also stated that it does not belong to the promoter group of Orosil Smiths India Limited.

About Orosil Smiths India Limited

Orosil Smiths India Limited has an equity share capital structure as follows:

Market Implications

While the exact reasons for NAM Securities' decision to reduce its stake have not been disclosed, such moves by significant shareholders often attract attention from other investors and market analysts. The transaction may prompt speculation about the company's future prospects or potential changes in its investor base.

Conclusion

The reduction in NAM Securities' stake in Orosil Smiths India Limited represents a notable shift in the company's ownership structure. As the market digests this information, investors and analysts will likely be watching closely for any potential impacts on the company's stock performance and future strategic decisions.

Orosil Smiths India Limited (OSIL) has encountered a significant setback in its property sale agreement for its Noida property, as revealed in a recent regulatory filing to the Bombay Stock Exchange (BSE).

Deal Details

The company had entered into an agreement to sell its property located at A-89, Sector-2, Noida – 201301 to Mr. Sanidhya Garg for a total consideration of ₹27.00 crore. The payment structure was as follows:

• ₹5.00 crore received as advance
• ₹20.00 crore to be paid through post-dated cheques
• ₹2.00 crore to be paid at the time of registration

Payment Default

In a troubling turn of events, all four post-dated cheques totaling ₹20.00 crore were returned unpaid due to insufficient funds. The details of the returned cheques are:

Company's Response

OSIL has stated that it is actively pursuing the matter with the buyer to protect its interests. The company has committed to communicating further developments to the stock exchange as they unfold.

Regulatory Compliance

This disclosure was made by OSIL in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has been keeping the BSE informed about the progress of this property sale through a series of intimations.

The situation highlights the risks associated with large property transactions and the importance of robust payment mechanisms. Investors and stakeholders will be keenly watching how Orosil Smiths India Limited navigates this challenge and secures its financial interests in the coming days.