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 1,18,735 equity shares through open market purchases across two days — 61,735 shares on 25 September 2025 and 57,000 shares on 26 September 2025 — representing about 0.56% of the company's paid-up equity capital. As a result, his holding in the company rose from 43.65% (92,04,300 shares) to 44.22% (93,23,035 shares). The disclosure has been filed under SEBI's takeover regulations to report the acquisition.
The promoter is increasing his stake, which generally signals confidence in the company. The holding remains well below the 50% mark, so there is no change in control, and the increase is small enough to fall well within the creeping acquisition limits.