NAM Securities Ltd Reduces Stake in Orosil Smiths India Ltd to 4.64%

NAM Securities Ltd has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, announcing the sale of shares in orosil smiths India Ltd. The transaction represents a significant reduction in the company's shareholding position through open market sales.

Share Transaction Details

The disclosure reveals comprehensive details of NAM Securities' shareholding changes in Orosil Smiths India Ltd:

Transaction Parameter Number of Shares Percentage of Total Capital Percentage of Diluted Capital Before Transaction Shares with voting rights 27,43,277 6.6397% 6.6397% Transaction Details Shares sold 8,27,064 2.0018% 2.0018% After Transaction Remaining shares 19,16,213 4.6379% 4.6379%

Transaction Specifics

The share sale was executed through open market transactions over a six-month period from 01.10.2025 to 01.04.2026. NAM Securities, which is not part of the promoter or promoter group, conducted the transaction in compliance with SEBI regulations. The company held no encumbrances, pledges, or liens on the shares, nor did it possess any voting rights other than through direct shareholding.

Company Capital Structure

Orosil Smiths India Ltd maintains a stable capital structure with an equity share capital of Rs. 4,13,16,000, divided into 41,316,000 equity shares of Rs. 1 each. The capital structure remained unchanged both before and after the transaction. The company's shares are listed on BSE Limited, providing liquidity for such open market transactions.

Regulatory Compliance

The disclosure was filed by Neha Gupta, Company Secretary cum Compliance Officer of NAM Securities Ltd, and signed by Managing Director Kiran Goyal. The filing demonstrates adherence to SEBI's substantial acquisition and takeover regulations, which require disclosure when shareholding changes cross specified thresholds. NAM Securities has no convertible securities, warrants, or other instruments that would entitle it to additional voting rights in Orosil Smiths India Ltd.

Orosil Smiths India Limited has successfully completed the sale of its property located at A-89, Sector-2, Noida – 201301, receiving a total consideration of ₹26.02 crore net of expenses. The company informed BSE Limited of this completion on March 21, 2026, marking the conclusion of a transaction that has progressed through multiple payment stages since April 2025.

Transaction Completion Details

The company received the balance consideration amount on March 20, 2026, finalizing the property sale transaction. This latest development follows a series of previous payments, including a ₹1 crore payment received from buyer Mr. Sanidhya Garg in March 2026.

Parameter: Details Total Consideration: ₹26.02 crore (net of expenses) Property Location: A-89, Sector-2, Noida – 201301 Final Payment Date: March 20, 2026 Completion Intimation: March 21, 2026

Transaction Timeline

The property sale has been an ongoing process with regular updates provided to stakeholders through multiple regulatory filings. The company referenced eight previous intimations dating from April 2025 through March 2026, demonstrating a systematic approach to the transaction completion.

Reference: Date Initial Intimation: April 09, 2025 Subsequent Updates: August 28, 2025 to January 30, 2026 Payment Receipt: March 17, 2026 Final Completion: March 21, 2026

Regulatory Compliance

The notification was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Sakshi Bansal signed the regulatory filing, confirming the completion of the property sale transaction.

Orosil Smiths India Limited has maintained transparency throughout the transaction process by providing timely updates on material developments, ensuring stakeholders remained informed about this significant financial transaction affecting the company.

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