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".

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.

Orissa Bengal Carrier Ltd. promoter Ravi Agrawal has further increased his shareholding in the company through additional strategic open market purchases. The Managing Director and Promoter acquired 19,612 equity shares worth ₹10,94,283 across three trading sessions between February 26 and March 2, 2026, following his earlier acquisition of 57,875 shares in February.

Latest Share Acquisition Details

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

Cumulative Shareholding Pattern

The latest acquisition further strengthened Agrawal's position in the company:

Previous Acquisition History

This follows Agrawal's earlier share purchases in February 2026, where he acquired 57,875 equity shares worth ₹31,84,021 across three trading sessions between February 23-25, 2026. The combined acquisitions demonstrate sustained confidence in the company's prospects.

Regulatory Compliance and Documentation

The disclosure was made in accordance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Agrawal submitted the required Form C documentation on March 2, 2026, with the company filing the disclosure through Company Secretary Muskaan Gupta. The company trades under scrip code 541206 on BSE and symbol OBCL on NSE, with ISIN INE426Z01016.

Corporate Impact

With these continued acquisitions totaling over ₹42 lakh in recent months, Agrawal has demonstrated strong conviction in the company's future performance. All acquired shares carry voting rights, and the transactions were conducted entirely through on-market purchases on NSE. The reported values exclude taxes, brokerage, and other charges, with no derivatives trading involved in any of the transactions.