Shareholding12 May 2026, 07:01 pm
Orissa Bengal Carrier: Family Settlement Agreement
AI Summary
Orissa Bengal Carrier Ltd. (OBCL) received a letter on May 12, 2026, from Promoter and Managing Director Ravi Agrawal regarding a Family Settlement Agreement among some OBCL family members. The company is not a party to this agreement. The agreement aims to amicably divide inherited family property between the families of Late Mr. Sajjan Kumar Agrawal and Late Mr. Ratan Kumar Agrawal. Key terms include the transfer of properties and equity shares between the involved parties, who are promoters or members of the promoter group.
Key Highlights
- OBCL is not a party to the Family Settlement Agreement.
- Agreement involves the families of Late Mr. Sajjan Kumar Agrawal and Late Mr. Ratan Kumar Agrawal.
- The agreement aims to divide inherited family property.
- Key terms include property and equity share transfers.
- Parties to the agreement are promoters or members of the promoter group.
Price Impact
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