Orissa Bengal Carrier Ltd Promoter Acquires Additional Shares
Filing Summary
Orissa Bengal Carrier Ltd has disclosed that its Managing Director and Promoter, Mr. Ravi Agrawal, acquired additional equity shares of the company. The acquisition, conducted through on-market transactions on March 4, 2026, involved 4,197 shares, representing 0.01% of the company’s total paid-up equity share capital. This transaction was reported under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure was made to comply with regulatory requirements and was formally communicated to the BSE and NSE. The acquisition increases Mr. Agrawal’s shareholding in the company.
Orissa Bengal Carrier Ltd has announced that Mr. Ravi Agrawal, the Managing Director and Promoter of the company, has acquired additional equity shares. The acquisition was executed through on-market transactions on March 4, 2026. The transaction involved the purchase of 4,197 equity shares, which constitutes 0.01% of the company’s total paid-up equity share capital. This acquisition was reported in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
The disclosure was made as part of the regulatory requirements under the SEBI (Prohibition of Insider Trading) Regulations. The transaction details were communicated to the BSE and NSE, as per the standard reporting procedures. The acquisition increased Mr. Agrawal’s total shareholding in the company to 95,22,719 equity shares, representing 45.16% of the total shareholding.
The transaction was conducted on the National Stock Exchange (NSE) and was part of the continual disclosure obligations for promoters and directors of listed companies. The acquisition was executed as an on-market purchase, which is a standard method for acquiring shares directly from the stock exchange.
The filing did not provide additional context or market-related information beyond the acquisition details. The focus remained on the compliance with the SEBI regulations and the formal reporting of the share acquisition by the company’s promoter.
The acquisition was formally reported to the company’s Board of Directors on March 6, 2026, by Mr. Ravi Agrawal. The disclosure was made using Form C, as required under the SEBI regulations. The company has requested the stock exchanges to take the report on record.
Orissa Bengal Carrier Ltd is engaged in the business of transportation and logistics services. The company focuses on providing efficient and reliable logistics solutions across various sectors. Its strategic priorities include expanding its service offerings and enhancing operational efficiencies to meet the growing demands of the logistics industry.