Oseaspre Consultants Ltd

Independent Director Re-appointment

• Re-appointment of Nitin Hariyantlal Datanwala as Non-Executive Independent Director.
• Effective date and term: 10 August 2026 to 9 August 2031 for five years.
• Reason: Re-appointment subject to shareholder approval.
• Brief profile: Chartered Accountant and Company Secretary with over 50 years in corporate laws and governance.
• Disclosures of relationship: Not related to other directors.
• Independence confirmation: Fulfills independence criteria.
• Debarment status: Not debarred from Directorship.
• Shareholder approval: Re-appointment is subject to shareholders' approval.
• Board approval: Approved at the meeting held on 7 August 2026.

Independent Director – Re-appointment

• Re-appointment of Mr. Nitin Hariyantlal Datanwala as Non-Executive Independent Director.
• Term: 10 August 2026 to 9 August 2031, subject to shareholders' approval.
• Board approved on 7 August 2026 following Nomination and Remuneration Committee recommendation.
• Profile: Chartered Accountant and Company Secretary with 50+ years’ experience in corporate, legal, and secretarial matters.
• Independence: Fulfils independence criteria.
• Relationship with other Directors: Not related to any other Directors.
• Debarment: Not debarred from holding office by SEBI or any authority.
• Shareholders' approval required for final re-appointment.

Board approval and status

• Board approved unaudited Q1 2026 results for quarter ended 30 June 2026.
• Audit Committee reviewed and recommended the results; Board approved.

Financial highlights

• Revenue from operations: nil for the quarter.
• Other income ₹2.29 lakh; Total income ₹2.29 lakh.
• Profit before tax: ₹-2.59 lakh; Profit after tax: ₹-2.59 lakh.
• Total comprehensive income: ₹154.09 lakh.
• Earnings per share: Basic and diluted ₹-1.30.
• No reportable segments per Ind AS 108.

OCI and notable items

• Realization on sale of equity instrument ₹178.52 lakh; tax effect -₹17.50 lakh; OCI ₹160.56 lakh.
• Actuarial valuation loss ₹0.61 lakh; tax effect ₹0.15 lakh.

Regulatory and publication disclosures

• Results prepared under Ind AS; reviewed by Manek & Associates; unmodified opinion.
• Extract of unaudited results to be published with QR code and website link.

Meeting Details

• Board meeting scheduled for July 15, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve unaudited financial results for the quarter ended June 30, 2026.