Oil Country Tubular Limited — Others, 07-08-2025: Appointment
07-08-2025 | 08:36 pm
07-08-2025 | 08:36 pm
Oil Country Tubular has announced a board meeting. The company reported financial results for the quarter, with revenue from operations at 24.57 Cr and a net loss of 8.81 Cr. Quarterly EBITDA was 9.28 Cr. The board approved convening the 39th Annual General Meeting. Key leadership changes include Dr. Kamineni Shashidhar appointed as an Additional Non-Executive Professional Director, bringing corporate strategy expertise, and new appointments for Chief Financial Officer (Mr. G.L.B Shastry) and Company Secretary (Mr. Vaibhav S Suryawanshi). These strategic appointments aim to strengthen the management team. Additionally, 41.50 lakh equity shares were issued from OCPS conversion at a Rs. 55 premium per share.
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