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Oil Country Tubular LimitedBoard Meeting, 08-08-2025: Outcome of Board Meeting

08-08-2025 | 03:14 pm

Oil Country Tubular's Board meeting outcomes are out!

**Financials:** For the quarter, the company reported revenue of Rs 24.57 Cr and a net loss of Rs 8.81 Cr. EBITDA stood at Rs 9.28 Cr.

**Leadership Shake-up:** Dr. Kamineni Shashidhar joins as an Additional Non-Executive Director. Mr. G.L.B Shastry is the new Chief Financial Officer, and Mr. Vaibhav S Suryawanshi takes charge as Company Secretary & Compliance Officer.

**Capital Update:** The company recently converted 41.50 lakh Optionally Convertible Preference Shares (OCPS) into equity, priced at Rs 65 per share. Plans for the 39th Annual General Meeting were also finalized.

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