The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ravi Agrawal
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Ravi Agrawal, Managing Director and Promoter of Orissa Bengal Carrier Ltd, acquired 50,000 equity shares through an open market purchase on 17 November 2025. This represents approximately 0.24% of the company's total paid-up equity share capital (2,10,82,790 shares). His holding has increased from 44.22% (93,23,035 shares) to 44.46% (93,73,035 shares). The disclosure was filed under Regulation 29(2) of the SEBI SAST Regulations, 2011 to both BSE and NSE.
This is a small incremental purchase by the promoter, signaling continued insider confidence in the company. The promoter's stake still remains below the 50% mark, leaving room for further acquisitions before triggering any open offer obligation.