Orissa Bengal Carrier Ltd. promoter Ravi Agrawal has increased his shareholding in the company through strategic open market purchases conducted over three consecutive days in February 2026. The Managing Director and Promoter acquired a total of 57,875 equity shares, representing 0.27% of the company's total paid-up equity share capital.

Share Acquisition Details

The acquisition was executed through multiple transactions across three trading sessions:

Shareholding Pattern Changes

The acquisition resulted in a notable increase in Agrawal's stake in the company:

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Agrawal submitted the required documentation to both BSE Limited and National Stock Exchange of India Limited on February 25, 2026.

The company trades under scrip code 541206 on BSE and symbol OBCL on NSE, with ISIN INE426Z01016. All shares acquired carry voting rights, and no encumbrances, warrants, or convertible securities were involved in the transaction.

Corporate Structure Impact

Following the acquisition, Agrawal's enhanced shareholding strengthens his position as the company's key promoter. The transaction was conducted entirely through open market purchases, demonstrating confidence in the company's prospects. The company's total equity share capital remained unchanged at 2,10,82,790 shares throughout the acquisition period.

Orissa Bengal Carrier Limited reported challenging Q3FY26 results with a consolidated net loss of ₹238.51 lakh for the quarter ended December 31, 2025, marking a significant deterioration from the profit of ₹79.65 lakh recorded in the corresponding quarter of the previous year. The company's board approved these unaudited standalone and consolidated financial results during a meeting held on February 14, 2026, which commenced at 11:00 AM and concluded at 03:30 PM.

Financial Performance Overview

The company's consolidated revenue from operations declined 16.14% year-on-year to ₹7,755.22 lakh in Q3FY26 from ₹9,249.08 lakh in Q3FY25. Total income for the quarter stood at ₹7,738.95 lakh compared to ₹9,188.99 lakh in the previous year, reflecting the challenging operating environment.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company reported a consolidated net loss of ₹266.75 lakh compared to a profit of ₹298.21 lakh in the corresponding period of the previous year. Revenue from operations remained relatively stable at ₹24,902.02 lakh against ₹24,769.91 lakh in the previous year.

Segment-wise Performance

The company operates through two reportable segments: Road Transportation Service and Trading Business. The road transportation segment, which comprises truck load delivery services through owned and hired vehicles, generated revenue of ₹7,153.94 lakh in Q3FY26 compared to ₹7,719.41 lakh in Q3FY25. The trading business segment, involving trading of coal, sand, iron & steel, contributed ₹601.28 lakh in Q3FY26 against ₹1,529.67 lakh in the previous year.

Standalone Results

On a standalone basis, the company reported a net loss of ₹193.69 lakh in Q3FY26 compared to a profit of ₹7.02 lakh in Q3FY25. Standalone revenue from operations declined to ₹7,153.94 lakh from ₹7,719.41 lakh in the corresponding quarter of the previous year. For the nine-month period, standalone net loss widened to ₹411.07 lakh from a profit of ₹221.98 lakh in the previous year.

Regulatory Compliance and Corporate Governance

The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the audit committee and approved by the board of directors, with limited review reports provided by Agrawal Mahendra & Co., Chartered Accountants. The company has ensured compliance with all applicable regulations and will upload the results on its website and stock exchange platforms for shareholder access.

Corporate Structure

The consolidated results include OBCL Ventures Private Limited, which was incorporated on June 4, 2024, as a wholly-owned subsidiary of the company. The consolidation under Ind AS-110 "Consolidated Financial Statements" has been applicable from the quarter ending June 30, 2024, onwards.