Omkar Speciality Chemicals to Extinguish Shares, Approve New Share Issuance, and Appoint New CFO & Company Secretary

Omkar Speciality Chemicals Ltd. has fixed 15 April 2026 as the record date for the purpose of extinguishment/cancellation of shares pursuant to a resolution. The Monitoring Committee will meet on the same date to consider and approve several matters, including the determination of the record date for extinguishment/cancellation of shares held by promoters, promoter group, and public shareholders. The Committee will also approve the issuance of 50,00,000 equity shares for an aggregate consideration of INR 5,00,00,000 on a private placement basis, borrowing by way of loan, opening of an equity subscription account, review of statutory and contractual compliances, adjustment and reimbursement of CIRP costs, and the appointment of a new Chief Financial Officer and a whole-time Company Secretary & Compliance Officer.