
Board Meeting10 Aug 2026, 06:11 pm
Inter State Oil Carrier MD Remuneration Revised
AI Summary
Inter State Oil Carrier Ltd announced a revision in the terms of remuneration for its Managing Director, Mr. Sanjay Jain. This change is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for September 14, 2026. The company's Board of Directors also approved the un-audited financial results for the first quarter ended June 30, 2026, reporting a profit of ₹63.12 Lakhs. Additionally, the re-appointment of Mr. Siddhant Jain, Whole-Time Director, for a further three-year period was approved, also pending shareholder consent.
Key Highlights
- MD's remuneration terms revised, pending shareholder approval.
- Q1 FY27 profit stands at ₹63.12 Lakhs.
- Whole-Time Director's re-appointment approved by the board.
- AGM scheduled for September 14, 2026, via VC/OAVM.
- Unaudited financial results for Q1 FY27 declared.
Price Impact
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