BLB Limited , a company involved in capital markets, has made significant changes to its board and auditing structure at its 44th Annual General Meeting (AGM) held on August 18, 2025. The shareholders approved several key appointments and amendments during the virtual meeting.

New Board Appointments

The company has bolstered its leadership with two new appointments to the board of directors:

1. Sh. Deepak Shrivastava has been appointed as a Non-Executive Director. With over three decades of experience in capital markets, management, corporate functions, accounts, and banking within the BLB Group, Shrivastava brings a wealth of knowledge to the board. The 52-year-old holds a Bachelor of Arts degree from Delhi University.

2. Sh. Dinesh Rajvanshi joins as a Non-Executive Independent Director for a term of five consecutive years. Rajvanshi, a fellow member of The Institute of Chartered Accountants of India, contributes around 35 years of expertise in accounts, finance, audits, and taxation.

Both appointments were approved by shareholders at the AGM, with the company confirming that neither director is debarred from holding directorial positions by any regulatory authority.

New Secretarial Auditor

In addition to the board appointments, the AGM saw the approval of M/s. Meenu S. & Associates as the new Secretarial Auditor of the company. The firm, led by proprietor Meenu Sharma, has been appointed for a term of five consecutive years starting from the financial year 2025-26.

Other Key Resolutions

The AGM also addressed several other important matters:

• Re-appointment of Sh. Anshul Mehra, who was retiring by rotation
• Amendment to the Articles of Association of the company
• Modifications to the terms of appointment for Sh. Anshul Mehra as Executive Director
• Changes to the terms of appointment and remuneration for Sh. Brij Rattan Bagri, the Chairman and Managing Director

Voting Results

All resolutions put forth at the AGM were passed with an overwhelming majority. The e-voting results showed that each resolution received over 99.99% votes in favor, indicating strong shareholder support for the company's decisions.

BLB Limited's proactive approach in strengthening its governance structure and leadership team suggests a focus on enhancing its position in the capital markets sector. These changes may set the stage for new strategic directions and growth opportunities for the company in the coming years.

BLB Limited , a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has seen a significant reduction in shareholding by ACN Financial Services Limited, a member of its promoter group. The sale took place on August 11, 2025, through a series of open market transactions, altering the ownership structure of BLB Limited.

Transaction Details

ACN Financial Services sold 11,39,238 shares of BLB Limited in the open market. This sale represents approximately 2.16% of BLB's total share capital. As a result of this transaction, ACN's shareholding in BLB Limited has decreased from 19.56% to 17.40% of the company's total voting capital.

Impact on Shareholding

The following table illustrates the change in ACN Financial Services' shareholding in BLB Limited:

Company Information

BLB Limited has an equity share capital of Rs. 5,28,65,258, comprising 52,865,258 equity shares with a face value of Re. 1 each. The company's shares are listed and traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically the Substantial Acquisition of Shares and Takeovers Regulations, 2011, ACN Financial Services Limited has made the necessary disclosures to the stock exchanges. The company filed the required disclosure under Regulation 29(2) on August 12, 2025, promptly notifying the market of this significant change in shareholding.

This transaction underscores the dynamic nature of shareholding patterns in listed companies and highlights the importance of timely disclosures to maintain market transparency. Investors and market participants will likely monitor any potential impact this change might have on BLB Limited's stock performance and corporate governance structure.