ACN Financial Services Limited has filed a mandatory disclosure under SEBI's substantial acquisition regulations, reporting a significant reduction in its shareholding in BLB Limited . The transaction involved the sale of equity shares through open market operations, triggering disclosure requirements under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeover Regulations), 2011.

Share Transaction Details

The disclosure reveals that ACN Financial Services sold 14,89,793 equity shares of BLB Limited on February 20, 2026, representing 2.82% of the target company's total share capital. This transaction was executed through open market operations.

Shareholding Position Changes

The sale resulted in a notable change in ACN Financial Services' ownership position in BLB Limited. Prior to this transaction, the company held a substantial stake that has now been reduced following the share disposal.

Company Profile and Listing Details

BLB Limited maintains its equity structure with a total share capital of Rs. 5,28,65,258.00, consisting of 52,865,258 equity shares of Re. 1 each. The company's shares are listed on both major Indian stock exchanges:

• National Stock Exchange of India Limited (NSE)
• BSE Limited

The disclosure confirms that ACN Financial Services Limited does not belong to the promoter or promoter group of BLB Limited, positioning it as a non-promoter institutional investor.

Regulatory Compliance

The filing was submitted to both stock exchanges on February 23, 2026, in compliance with SEBI's substantial acquisition regulations. The disclosure was signed by Praveen Kumar, Whole Time Director of ACN Financial Services Limited (DIN: 06630719), ensuring proper corporate governance and regulatory adherence.

ACN Financial Services Limited, incorporated in 1994 with CIN U74899DL1994PLC063931, maintains its registered office in East Delhi and continues to hold a significant minority stake in BLB Limited despite the recent reduction in shareholding.

BLB Limited has announced that its promoter and managing director Brij Rattan Bagri acquired 6,99,896 equity shares through open market purchase on February 20, 2026. The transaction was disclosed through multiple regulatory filings including Form C under SEBI Prohibition of Insider Trading Regulations and Regulation 29(2) under SEBI Substantial Acquisition of Shares & Takeover Regulations, 2011.

Transaction Details

The share acquisition represents a significant increase in the promoter's stake in the company. The transaction details are presented below:

Shareholding Pattern Changes

The acquisition has resulted in a notable change in Brij Rattan Bagri's shareholding pattern in BLB Limited:

Regulatory Compliance and Disclosures

BLB Limited submitted mandatory disclosures to both NSE and BSE Limited on February 21, 2026. The company filed Form C under Regulation 7(2) read with Regulation 6(2) of SEBI Prohibition of Insider Trading Regulations, 2015. Additionally, a separate disclosure was made under Regulation 29(2) of SEBI Substantial Acquisition of Shares & Takeover Regulations, 2011.

The regulatory filing confirms that the company's total equity share capital remains unchanged at ₹5,28,65,258.00, comprising 52,865,258 equity shares of Re. 1/- each. Company Secretary Nishant Garud was copied on the disclosure communications, ensuring proper compliance procedures.

Promoter Information

Brij Rattan Bagri serves as both promoter and managing director of BLB Limited with Director Identification Number (DIN) 00007441. He is based in New Delhi and operates from Bagri House, Ansari Road, Darya Ganj. The disclosure confirms no derivative trading activities or share encumbrances were undertaken in connection with this equity share acquisition. The transaction strengthens the promoter's commitment to the company by increasing his direct equity participation in BLB Limited.