V.K. Mercantile Private Limited Acquires 35,000 Equity Shares in Dollar Industries Limited

1 min read     Updated on 02 Mar 2026, 08:26 PM
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Reviewed by
Riya DScanX News Team
Overview

V.K. Mercantile Private Limited acquired 35,000 equity shares in Dollar Industries Limited through open market purchase on 02-03-2026. The acquisition increased V.K. Mercantile's shareholding from 79,39,670 shares (14.00%) to 79,74,670 shares (14.06%). V.K. Mercantile belongs to the promoter group of Dollar Industries Limited, which has total equity capital of 5,67,16,120 shares valued at ₹2 each.

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V.K. Mercantile Private Limited has disclosed the acquisition of 35,000 equity shares in Dollar Industries Limited through open market purchase, as per regulatory filing submitted to stock exchanges on 02-03-2026. The acquisition was made in compliance with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The share purchase transaction was completed on 02-03-2026, with V.K. Mercantile acquiring 35,000 equity shares representing 0.06% of Dollar Industries Limited's total share capital. The acquisition was executed through open market purchase mechanism.

Transaction Parameter: Details
Shares Acquired: 35,000 equity shares
Acquisition Method: Open Market Purchase
Transaction Date: 02-03-2026
Share Type: Equity shares with voting rights
Percentage Acquired: 0.06%

Shareholding Pattern Changes

Following the acquisition, V.K. Mercantile's total shareholding in Dollar Industries Limited has increased from 79,39,670 shares to 79,74,670 shares. This represents an increase in ownership percentage from 14.00% to 14.06% of the total share capital.

Shareholding Details: Before Acquisition After Acquisition Change
Number of Shares: 79,39,670 79,74,670 +35,000
Ownership Percentage: 14.00% 14.06% +0.06%
Voting Rights: 14.00% 14.06% +0.06%

Company Information

V.K. Mercantile Private Limited belongs to the promoter group of Dollar Industries Limited. Dollar Industries Limited is listed on both BSE Limited and National Stock Exchange of India Ltd. The company maintains a total equity share capital of 5,67,16,120 equity shares with a face value of ₹2 each, totaling ₹11,34,32,240.

Regulatory Compliance

The disclosure was filed by Ankit Gupta, Director of V.K. Mercantile Private Limited (DIN: 07194153), in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. The filing ensures transparency in shareholding changes for publicly listed companies and maintains regulatory compliance standards.

Historical Stock Returns for Orissa Bengal Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%+2.13%+3.46%-0.30%+2.09%-64.75%
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Orissa Bengal Carrier Limited Officially Changes Name to OBCL Limited

1 min read     Updated on 02 Mar 2026, 05:51 PM
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Reviewed by
Naman SScanX News Team
Overview

Orissa Bengal Carrier Limited has successfully changed its name to OBCL Limited with effect from March 02, 2026, following approval from the Ministry of Corporate Affairs. The company informed BSE and NSE about this development under SEBI Listing Regulations, with the Certificate of Incorporation issued by MCA's Central Processing Centre. The name change involves alterations to the Memorandum and Articles of Association while maintaining all existing stakeholder rights and liabilities.

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Orissa Bengal Carrier Limited has officially changed its corporate name to OBCL Limited following approval from the Ministry of Corporate Affairs (MCA). The company announced this significant corporate development to stock exchanges on March 02, 2026, marking the completion of a formal name change process that had been in progress since January 2026.

Regulatory Approval and Timeline

The Registrar of Companies under the Ministry of Corporate Affairs granted approval for the name change with effect from March 02, 2026. This approval came after the company had previously intimated the stock exchanges about the proposed name change on January 14, 2026 and February 20, 2026. The Certificate of Incorporation pursuant to the change of name was issued by the Central Processing Centre, confirming the transition from "Orissa Bengal Carrier Limited" to "OBCL Limited".

Parameter: Details
Effective Date: March 02, 2026
Previous Name: Orissa Bengal Carrier Limited
New Name: OBCL Limited
Approval Authority: Ministry of Corporate Affairs
Certificate Issued By: Central Processing Centre

Corporate Identification and Trading Details

The company operates under Corporate Identification Number L63090CT1994PLC008732 and trades on stock exchanges with scrip code 541206 on BSE and trading symbol OBCL on NSE. The company was originally incorporated as Orissa Bengal Carrier Private Limited before becoming a public limited company. The registered office is located at Jiwan Bima Marg, Pandri, Raipur, Chattisgarh.

Compliance and Documentation

The name change has been executed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Muskaan Gupta signed the official intimation to stock exchanges, ensuring proper regulatory compliance. The change also involves consequent alterations to the company's Memorandum and Articles of Association to reflect the new corporate name.

Stakeholder Impact and Obligations

As per regulatory requirements, the company must display its old name alongside the new name for a period of two years at all places where it is required to display its corporate name under Section 12 of the Companies Act. The Certificate of Incorporation clarifies that this name change does not affect the rights and liabilities of stakeholders. All stakeholders are advised to verify the company's latest status and view public documents on the Ministry of Corporate Affairs website.

Historical Stock Returns for Orissa Bengal Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%+2.13%+3.46%-0.30%+2.09%-64.75%
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1 Year Returns:+2.09%