Organic Coatings Ltd

Financial results and disclosures

• Unaudited standalone results for quarter ended 30 June 2026 approved by the Board.
• Revenue from operations: 1122.36 lakhs; Total income: 1123.44.
• Net loss: 36.08 lakhs; Basic/Diluted EPS: (0.36).
• Results prepared per Ind AS; segment reporting not applicable.
• Audit Committee recommended the results; Board approved on 14 August 2026.
• Limited Review Report by statutory auditor enclosed.
• Antidumping duty on pigment imports subject to adjudication; no provision.
• No segment reporting; single segment for the company.
• Board approval followed Audit Committee review.

Appointments and governance

• Ms. Kaksha Atulkumar Thakkar appointed as Company Secretary, Compliance Officer and KMP, effective 14 August 2026.
• Membership No. A80074; qualified Company Secretary from ICSI.
• Experience in corporate secretarial, governance, regulatory compliance, and SEBI LODR matters.
• Appointed on 14 August 2026; not related party.
• Annexure-A disclosure under Regulation 30 attached.

Secretarial Auditor appointment

• Mr Kamal Lalani appointed Secretarial Auditor for FY 2026-27; effective 14 July 2026.

Internal Auditor removal

• Removal of Dharmesh A. Shah & Associates as Internal Auditors for 2026-27/2027-28; ceased 30 June 2026.

Internal Auditor appointment

• ABSM & Associates appointed Internal Auditors for FY 2026-27 under Section 138.

Independent Director appointment: Ramanathan Ganesh

• Mr. Ramanathan Ganesh appointed Additional Non-Executive Independent Director, 14 July 2026, term to next AGM.

Independent Director appointment: Subhash Patel

• Mr. Subhash Ambubhai Patel appointed Additional Non-Executive Independent Director, 14 July 2026, term to next AGM.

Cessation: Ashwinkumar Raval

• Ashwinkumar Harshadrai Raval ceased as Non-Executive Independent Director, effective 27 June 2026.

Registered office shift

• Approval to shift registered office from Maharashtra to Gujarat, subject to shareholder approval.

Committee reconstitution

• Reconstitution of Nomination & Remuneration Committee and Audit Committee.

Remuneration reduction

• Reduction of Directors' remuneration approved.

Working capital loan

• Availment of Working Capital Term Loan of INR 33.60 Lakhs.

IEPF nodal officer

• Appointment of Nodal Officer for Investor Education and Protection Fund.

Governance and appointments

• Appointed Kamal Lalani as Secretarial Auditor for FY 2026-27.
• Removed Dharmesh A. Shah and Associates as Internal Auditors for 2026-27 and 2027-28.
• Appointed ABSM & Associates as Internal Auditors for FY 2026-27.
• Appointed Ramanathan Ganesh as Additional Non-Executive Independent Director, effective 14 July 2026.
• Appointed Subhash Ambubhai Patel as Additional Non-Executive Independent Director, effective 14 July 2026.
• Noted conclusion of Ashwinkumar Harshadrai Raval's term as Non-Executive Independent Director on 27 June 2026.

Structural and corporate actions

• Approved shifting registered office from Maharashtra to Gujarat, subject to shareholder approval.
• Reconstituted Nomination and Remuneration Committee and Audit Committee.
• Approved reduction of directors' remuneration.
• Appointed Nodal Officer for Investor Education and Protection Fund (IEPF).

Financial action

• Approved Working Capital Term Loan of INR 33.60 Lakhs from Bank of Maharashtra.

Dematerialisation status

• Securities received for dematerialisation during the reporting period were processed and listed on stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the records within prescribed timelines.
• Securities dematerialised were listed on stock exchanges where the earlier issued securities are listed.

Meeting Details

• Date: 14 July 2026; time and venue not disclosed.

Key Agenda Items

• To consider the appointment of Kamal A. Lalani as Secretarial Auditor for FY 2026-27.
• Removal of Dharmesh A. Shah and Associates as Internal Auditor for FY 2026-27 and 2027-28.
• Appointment of ABSM & Associates as Internal Auditor for FY 2026-27.
• Appointments of Ramanathan Ganesh and Subhash Ambubhai Patel as Independent Directors.
• Reconstitution of Nomination and Remuneration Committee and Audit Committee.
• Reduction of remuneration of Directors.
• To consider availing Working Capital Term Loan of INR 33.60 Lakhs and shifting the registered office to Gujarat.
• Appointment of Nodal Officer for IEPF.

Other Notes

• Trading window closure periods are not specified in the filing.