Orissa Bengal Carrier Ltd

Acquisition details

• Target Company: OBCL Limited.
• Disclosing Party: OBCL Infrastructure Private Limited, promoter group.
• Transaction Type: Acquisition of equity shares via open market.
• Pre-Transaction Holding: 23,75,547 shares (11.26%).
• Acquired 24,750 shares on 23.09.2026 (0.117%).
• Acquired 5,730 shares on 24.09.2026 (0.027%).
• Total Shares Acquired: 30,480 (0.14%).
• Post-Transaction Holding: 24,06,027 shares, 11.41%.
• Mode: Open Market.
• Date(s) of Transaction: 23.09.2026 and 24.09.2026.
• Equity share capital before and after: 21,082,790.
• Total diluted share capital: 21,082,790.

OBCL Ltd – Trading window closed from Thursday, October 01, 2026 and shall re-open after expiry of 48 hours after the declaration of financial results for the quarter and half year ending September 30, 2026.

Promoter group acquisition details

• Target: OBCL Limited (formerly Orissa Bengal Carrier Ltd.), background not disclosed.
• Promoter group OBCL Infrastructure Private Limited acquired OBCL Limited equity shares via on-market purchases.
• Dates and quantities: 23.09.2026 (24,750 shares) and 24.09.2026 (5,730 shares).
• Shareholding acquired: approx 0.12% on 23 Sep 2026.
• Shareholding acquired: approx 0.03% on 24 Sep 2026.
• Value of purchases: Rs 18,28,800.
• Form of consideration: cash via on-market purchases.
• Regulatory approvals required: not disclosed.
• Timeline for completion: not disclosed.
• Purpose/strategic rationale: not disclosed.
• Background: OBCL Limited; formerly Orissa Bengal Carrier Ltd.; products/services not disclosed.
• Incorporation date: not disclosed.
• Recent turnover history: not disclosed.

Acquisition overview

• Target Company: OBCL Limited (formerly Orissa Bengal Carrier Limited).
• Disclosing Party: OBCL Infrastructure Private Limited, promoter group acquirer.
• Transaction Type: Open Market acquisition of equity shares.
• Pre-transaction holding: 23,64,045 shares (11.21%).
• Acquired 4,023 shares on 18.09.2026 (0.019%).
• Acquired 5,419 shares on 21.09.2026 (0.025%).
• Acquired 2,060 shares on 22.09.2026 (0.009%).
• Mode: Open Market; Instrument: Equity shares.
• Post-transaction holding: 23,75,547 shares (11.26%).
• Dates of acquisitions: 18.09.2026; 21.09.2026; 22.09.2026.
• Share capital before: 21,082,790 equity shares.
• Share capital after: 21,082,790 equity shares.
• Total diluted share capital after: 21,082,790 equity shares.

Acquisition overview

• Target OBCL Limited (formerly Orissa Bengal Carrier Ltd); logistics/transport in India.
• Post-acquisition holding: 23,75,547 shares.
• Related party: promoter-group OBCL Infrastructure Private Limited.
• Industry: logistics/transportation.
• Purpose and rationale: not disclosed.
• Regulatory approvals: not disclosed.
• Timeline: on-market purchases dated 18–22 September 2026.
• Consideration: on-market purchases; price not disclosed.
• Cost of acquisition: not disclosed.
• Stake acquired: small percentages (0.019%, 0.025%, 0.009%).
• Target background: OBCL Limited; operations not disclosed.

AGM details

• Date, time, mode: 16 September 2026, 11:00 AM, physical AGM at corporate office.
• Remote e-voting window: 11–15 September 2026; ballot voting available at the AGM.
• Notice issued: 14 August 2026.
• E-voting cut-off: 11 September 2026.

Resolutions and outcomes

• Ordinary: Adoption of Audited Standalone and Consolidated Financial Statements for FY2026 — Passed.
• Ordinary: Appointment of Shakuntala Devi Agrawal (rotating director) — Passed.
• Ordinary: Payment of Commission to Shakuntala Devi Agrawal — Passed.
• Special: Re-appointment of Ashish Dakalia as Independent Director for second five-year term — Passed.
• Special: Enhancement of borrowing limits under Section 180(1)(c) — Passed.
• Special: Creation of charges on assets under Section 180(1)(a) — Passed.

Director changes

• Re-appointment of Mrs. Shakuntala Devi Agrawal as Director; retires by rotation.
• Re-appointment of Mr. Ashish Dakalia as Independent Director for a second term.

Related party / other material approvals

• No material related party transactions approved.

Transaction summary

• Target Company: OBCL Limited (formerly Orissa Bengal Carrier Ltd).
• Disclosing Party: OBCL Infrastructure Private Limited, promoter group.
• Transaction Type: Acquisition of equity shares via Open Market.
• Pre-Transaction Holding: 23,50,038 voting rights (11.14%); 2,350,038 warrants.
• Transaction Details: Acquired 14,007 shares (0.07%) via Open Market.
• Post-Transaction Holding: 23,64,045 voting rights (11.21%).
• Date(s) of Transaction: 11.09.2026 (2,257 shares); 15.09.2026 (11,750 shares).
• Share Capital Context: Before/after equity shares 21,082,790; diluted capital 21,082,790.

AGM details

• Date, time, venue: 16 Sep 2026; 11:00–11:45 IST; physical meeting at Raipur Corporate Office.

Resolutions proposed

• Appointment of a Director in place of retiring Shakuntala Devi Agrawal; eligible for re-appointment.
• Adoption of Consolidated Financial Statements for the year ended 31 March 2026.
• Payment of Commission to Mrs. Shakuntala Agrawal, Non-Executive Director.
• Re-appointment of Mrs. Shakuntala Devi Agrawal as Director.
• Enhancement of Borrowing Limits of the Company.
• Re-appointment of Mr. Ashish Dakalia as Independent Director for a second term.
• Creation of charges, mortgages and hypothecation on assets under Section 180(1)(a).

Voting results

• Voting results and Scrutinizer's report will be submitted to exchanges within 2 working days.

Other AGM notes

• Notice of AGM dated 29 July 2026 was taken as read.

Target overview

• Target: OBCL Limited (formerly Orissa Bengal Carrier Ltd), logistics and transport services in India.
• Industry: logistics and carrier services.
• Presence: India.
• Incorporation date: not disclosed.
• Recent turnover: not disclosed.

Acquisition details

• Promoter-group OBCL Infrastructure Private Limited acquired on-market shares.
• Dates of acquisition: 11 Sep 2026 and 15 Sep 2026.
• Total shares acquired: 2,257 on 11 Sep 2026.
• Additional shares: 11,750 on 15 Sep 2026.
• Promoter holding increase: approximately 0.065%.
• Mode: On-market; Exchange: NSE.
• Value of acquisitions: not clearly disclosed.
• Nature: related party transaction.
• Form of consideration: not disclosed.

Regulatory & background

• Regulatory disclosures comply with SEBI Regulation 7(2) and 6(2).
• Regulatory approvals required: not disclosed.
• Timeline for completion: not specified.
• Target background: OBCL Limited is a logistics carrier based in Raipur, India.
• Former name: Orissa Bengal Carrier Ltd.

Transaction overview

• Target Company: OBCL Limited.
• Disclosing Party: OBCL Infrastructure Private Limited (Promoter group).
• Transaction Type: Acquisition of equity shares via Open Market.
• Pre-Transaction Holding: 23,45,288 voting rights (11.12%).
• Transaction Details: 4,750 shares acquired (0.02%), via Open Market on 08.09.2026 and 10.09.2026.
• Post-Transaction Holding: 23,50,038 voting rights (11.14%).
• Dates: 08.09.2026 and 10.09.2026.
• Share Capital Context: Before and after: 21,082,790 equity shares.