BLB Limited Promoter Files Revised Insider Trading Disclosure Following Share Transaction Reversal

1 min read     Updated on 25 Feb 2026, 03:29 PM
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Reviewed by
Shriram SScanX News Team
Overview

BLB Limited's Promoter Brij Rattan Bagri filed a revised Form C under SEBI insider trading regulations on 25th February, 2026, following a share transaction reversal. The revision was required after 1,095 shares from his purchase of 6,98,801 shares at Rs. 20.45 each were short delivered by the stock exchange. His current shareholding stands at 2,38,04,628 shares, representing 45.03% of the company's equity.

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BLB Limited's Promoter and Managing Director Brij Rattan Bagri has filed a revised disclosure under SEBI's Prohibition of Insider Trading Regulations following a share transaction reversal. The company submitted the revised Form C to both NSE and BSE on 25th February, 2026, through Company Secretary Nishant Garud.

Transaction Reversal Details

The revision became necessary after Bagri experienced a short delivery of shares from his recent purchase. He had acquired 6,98,801 shares on 20th February, 2026 at Rs. 20.45 per share through a market purchase on NSE, with a total transaction value of Rs. 1,42,90,480.45.

Transaction Parameter: Details
Purchase Date: 20th February, 2026
Purchase Price: Rs. 20.45 per share
Total Shares Purchased: 6,98,801
Transaction Value: Rs. 1,42,90,480.45
Payout Date: 23rd February, 2026
Short Delivered Shares: 1,095

Share Delivery Issue

According to Bagri's disclosure, out of the total delivery of 6,99,896 shares expected on the payout day (23rd February, 2026), 1,095 shares were short delivered by the stock exchange. These shares were subsequently closed out by the exchange and were not delivered to the promoter, necessitating the transaction reversal.

Updated Shareholding Position

Following the reversal of the 1,095 shares, Bagri's shareholding has been adjusted accordingly. The revised holding reflects the actual shares delivered after accounting for the short delivery.

Shareholding Details: Before Transaction After Transaction Current Holding
Number of Shares: 2,31,05,827 2,38,05,723 2,38,04,628
Percentage Holding: 43.71% Not specified 45.03%

Regulatory Compliance

The revised Form C was submitted in compliance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure provides complete details of the transaction, including the circumstances leading to the revision and the updated shareholding position.

Company Secretary Nishant Garud digitally signed and submitted the revised disclosure to both stock exchanges, ensuring proper regulatory compliance and transparency in the promoter's shareholding changes.

Historical Stock Returns for BLB

1 Day5 Days1 Month6 Months1 Year5 Years
-4.53%+15.01%+32.19%+11.67%+6.05%+221.82%

ACN Financial Services Limited Reduces Stake in BLB Limited to 10.06% Through Open Market Sale

1 min read     Updated on 23 Feb 2026, 04:22 PM
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Reviewed by
Riya DScanX News Team
Overview

ACN Financial Services Limited reduced its shareholding in BLB Limited from 12.88% to 10.06% by selling 14,89,793 shares through open market transactions on February 20, 2026. The sale, representing 2.82% of BLB's total share capital, was disclosed under SEBI's substantial acquisition regulations. BLB Limited maintains its equity capital at Rs. 5,28,65,258.00 with shares listed on NSE and BSE.

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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.

Transaction Parameter: Details
Shares Sold: 14,89,793
Percentage of Total Capital: 2.82%
Transaction Mode: Open Market
Transaction Date: February 20, 2026

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.

Shareholding Status: Before Transaction After Transaction Change
Number of Shares: 68,07,461 53,17,668 -14,89,793
Ownership Percentage: 12.88% 10.06% -2.82%
Voting Rights: 12.88% 10.06% -2.82%

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.

Historical Stock Returns for BLB

1 Day5 Days1 Month6 Months1 Year5 Years
-4.53%+15.01%+32.19%+11.67%+6.05%+221.82%

More News on BLB

1 Year Returns:+6.05%