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 has received a partial payment of ₹1.00 crore from the buyer towards the remaining sale consideration for its Noida property, marking a positive development following a significant payment default crisis.

Original Property Deal Structure

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 original payment structure included:

Payment Default Crisis

The transaction faced a major setback when all four post-dated cheques totaling ₹20.00 crore were returned unpaid due to insufficient funds:

Recent Payment Recovery

In a positive development, the company has now received an additional payment of ₹1.00 crore from Mr. Sanidhya Garg towards the remaining sale consideration. This payment comes after the company's efforts to pursue the matter and protect its interests following the earlier default.

Current Payment Status

Regulatory Compliance and Future Updates

The company has been maintaining transparency through regular communications to the BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. OSIL has committed to informing the stock exchange about further developments in this property sale transaction as they occur.

This partial payment recovery demonstrates the company's ongoing efforts to resolve the payment default situation and secure its financial interests in the property transaction.