BLB Limited's Promoter and Managing Director Brij Rattan Bagri has filed a revised disclosure under SEBI's Substantial Acquisition of Shares & Takeover Regulations following a share transaction reversal. The company submitted the revised disclosure under Regulation 29(2) to both NSE and BSE on 25th February, 2026.

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 open market purchase, with a total transaction value of Rs. 1,42,90,480.45.

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 from 2,38,05,723 shares to 2,38,04,628 shares. The revised holding represents 45.03% of the company's total equity share capital.

Regulatory Compliance

The revised disclosure was submitted in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeover Regulations), 2011. The disclosure provides complete details of the transaction, including the circumstances leading to the revision and the updated shareholding position. The company's equity share capital remains unchanged at Rs. 5,28,65,258.00, comprising 52,865,258 equity shares of Re. 1 each.

Bagri, holding DIN 00007441, digitally signed and submitted the revised disclosure to both stock exchanges, with Company Secretary Nishant Garud copied on the communication, ensuring proper regulatory compliance and transparency in the promoter's shareholding changes.

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.