Inter State Oil Carrier Ltd

Key disclosures

• Target Company: Inter State Oil Carrier Limited.
• Disclosing Party: Sanjay Jain (Promoter and MD).
• Transaction Type: Acquisition of 4,800 equity shares.
• Transaction Details: 4,800 shares acquired, 0.0961% stake.
• Date of Transaction: 24 August 2026.

Disclosure summary

• Target Company: Inter State Oil Carrier Limited.
• Disclosing Party: Sanjay Jain (Promoter).
• Transaction Type: Acquisition of equity shares.
• Pre-transaction holding: 874,532 voting shares (17.5176%).
• Shares acquired: 4,800 (0.0961%) via Open Market on 24.08.2026.
• Post-transaction holding: 879,332 shares (17.6137%).
• Date of transaction: 24.08.2026.
• Pre-transaction capital: Rs 4,99,23,000 (49,92,300 shares).
• Post-transaction capital: Rs 4,99,23,000 (49,92,300 shares).
• Total diluted capital: Rs 4,99,23,000 (49,92,300 shares).

Key details

• Target Company: InterState Oil Carrier Limited.
• Disclosing Party: Sanjay Jain (Promoter).
• Transaction Type: Acquisition of 4,800 equity shares.
• Pre-Transaction Holding: 874,532 shares (17.5176%).
• Transaction Details: 4,800 shares acquired, 0.0961%, Open Market, 24.08.2026.
• Post-Transaction Holding: 879,332 shares (17.6137%).
• Date of Transaction: 24.08.2026.
• Share Capital Context: Before/After: Rs 4,99,23,000, 49,92,300 shares.
• Total diluted capital after: Rs 4,99,23,000 (49,92,300 shares).

KYC/nomination update for physical shareholders

• Intimation to physical shareholders to update KYC, nomination, and bank details under Regulation 30.
• Forms ISR-1 and ISR-2 are mandatory; ISR-3 or SH-13/SH-14 required.
• Download KYC forms from ISOC or MDPL portals; self-attest and return completed forms.
• Non-update would hinder dividend/interest remittance via electronic mode after April 1, 2024.
• Registrar: Maheshwari Datamatics Pvt Ltd, Kolkata; contact details provided in the notice.
• Intimation dated 17.08.2026; available on ISOC website.

AGM and notices

• 42nd AGM scheduled Sept 14, 2026 at 1:00 PM via VC/OAVM.
• Notice and Annual Report for FY2025-26 accessible electronically to shareholders.
• Cut-off date for e-voting: Sept 7, 2026.
• Book closure from Sept 8 to Sept 14, 2026.
• e-Voting window opens Sept 11, 2026 9:00 AM; closes Sept 13, 2026 5:00 PM.
• Annual Report and AGM Notice available on ISOC website, BSE and CDSL portals.
• KYC and bank mandate updates requested; Demat holders via DP, physical via forms-downloads.
• SEBI circular window for transfer of pre-2019 physical shares open 5 Feb 2026–4 Feb 2027.

Financial snapshot

• Total Income rose to ₹10,866.86 Lakhs in FY2025-26.
• Revenue from Operations: ₹10,758.22 Lakhs; EBITDA ₹995.22 Lakhs.
• PAT ₹191.99 Lakhs; PBT ₹274.78 Lakhs; EPS ₹3.85.
• Dividends: none; EBITDA margin 9.16%; PAT margin 1.77%.

Strategic and operations

• Rail multimodal logistics introduced; March 2026 trials underway.
• Fleet expanded with owned and dedicated tankers.
• Key multimodal routes include Kolkata-Guwahati, Morbi-Kolkata, Ahmedabad-Kolkata, Chennai-Delhi.
• Focus on fleet utilization and cost optimization.

Capital and liquidity

• Total borrowings ₹2,872.25 Lakhs; long-term ₹1,313.26; short-term ₹1,558.99.
• Net Debt ₹2,803.84 Lakhs; Net gearing 1.33x.
• Cash & cash equivalents ₹3.21 Lakhs; bank balances ₹64.58 Lakhs.
• Bank guarantees outstanding ₹313.69 Lakhs.

Dividend & share data

• Dividend: no dividend declared for FY2025-26.
• Paid-up share capital ₹499.23 Lakhs across 4,992,300 shares.
• Dematerialisation: 93.7066% of shares.
• Major holders: Inter State Capital Markets (P) Ltd 18.35%; Sanjay Jain 17.52%.

Governance & disclosures

• Board has five directors; Parul Khanna appointed 1-Apr-2025 as Non-Executive.
• Statutory auditor Patni & Co.; Secretarial auditor Rantu Das & Associates.
• Audit Committee comprises three members; independence confirmed.
• No material governance non-compliances; AGM planned for 14 September 2026.

Outlook & risks

• Outlook: logistics sector poised for growth with multimodal expansion.
• Risks include fuel cost volatility, geopolitics, regulatory changes.
• Management focus on cost optimization, fleet utilization, and tech adoption.
• Macro trends support a long-term infrastructure and digitalization push.

Related party transactions

• RPTs with Inter State Capital Markets Pvt Ltd; proposed ₹20 Crores per year.
• Three-year term: 1 Apr 2026 to 31 Mar 2029; arm's length.
• Promoter group linkage: ISCM promoter; MD Sanjay Jain directors ISCM.
• Transactions include tanker hire and freight-related services; audits approvals.

Volume highlights

• July 2026 volume: 33.12k MTs, up 13.54% from June 2026 (29.17k).
• YoY growth: July 2026 volume up 38.12% from July 2025 (23.98k).
• Highest monthly volume in 12 months, surpassing March 2026 peak of 29.34k by 3.78k (12.88%).