Orissa Bengal Carrier Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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Mr. Ravi Agrawal, Managing Director and Promoter of Orissa Bengal Carrier Limited, acquired 9,35,000 equity shares (4.434% of the company) from Rishi Kumar & Sons (HUF), another promoter group entity, through an off-market inter-se transfer on June 30, 2025. This is an internal reshuffling within the promoter family, exempt from the open offer requirement under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations. As a result, Ravi Agrawal's individual stake increased from 39.22% (82,69,300 shares) to 43.65% (92,04,300 shares), while Rishi Kumar & Sons HUF's holding dropped from 4.44% to a negligible 0.002%. The total promoter group shareholding remains unchanged since this is only a transfer between promoter entities.
No material impact on overall promoter holding or stock price expected, as this is an internal reorganization within the promoter group. Mr. Ravi Agrawal's increased personal stake reflects greater personal alignment but does not alter the company's controlling ownership structure.