Description

Orient Bell Limited clarifies to BSE and NSE that its onboarding of Traqo as a vendor in December 2024 is a routine business transaction with no material undisclosed information requiring disclosure under SEBI LODR Regulation 30.

Summary

Orient Bell Limited (BSE: 530365, NSE: ORIENTBELL) responded to queries from BSE and NSE dated March 12, 2026, regarding a news article published on Business Standard captioned “Orientbell Embarks on a Digital Logistics Transformation Journey with Traqo.” The company confirmed that its engagement with Traqo is a routine vendor arrangement and that no material undisclosed information exists that would require disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.

Key Points

  • Orient Bell onboarded ‘Traqo’ as a vendor in the normal course of business in December 2024, with the arrangement continuing until March 31, 2026.
  • All transactions with Traqo are conducted at arm’s length basis.
  • The company had no role in the publication of the news article under reference.
  • No specific negotiations, events, or material developments related to the Traqo arrangement require disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.
  • Any price/volume movement in the company’s shares is described as completely market driven.
  • No regulatory or legal proceedings are associated with this matter.
  • The company states it has been making timely disclosures of all material events as required under applicable regulations.

Regulatory Changes

No regulatory changes are introduced by this circular. It is a company response to exchange surveillance queries.

Compliance Requirements

No new compliance requirements arise from this circular. The company has reaffirmed its ongoing compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, concerning timely disclosure of material events.

Important Dates

  • December 2024: Traqo onboarded as vendor by Orient Bell Limited.
  • March 31, 2026: Current vendor arrangement with Traqo is scheduled to end.
  • March 12, 2026: BSE and NSE issued surveillance queries; news article published on Business Standard.
  • March 12, 2026: Orient Bell issued this clarification letter (dated New Delhi, March 12, 2026).

Impact Assessment

This circular has no material market or operational impact. The clarification confirms that the Traqo vendor relationship is a standard business arrangement with no undisclosed price-sensitive information. Investors and market participants can treat any associated price/volume movement as purely market driven. No action is required by trading members, brokers, or other market participants.

Impact Justification

Routine clarification confirming no material undisclosed information; vendor onboarding is a normal business transaction with no regulatory or financial impact on the company.