StockWatch
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Specialty Chemicals
Management Change5 Nov 2026, 08:55 pm

Organic Coatings Appoints Tejas Basrani as CFO

AI Summary

Organic Coatings Ltd announced the appointment of Mr. Tejas Rajeshbhai Basrani as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This decision was approved by the Board of Directors during their meeting held on November 5, 2026. The company also reported its un-audited financial results for the quarter and half-year ended September 30, 2026. Revenue from operations for the quarter was ₹1,202.74 Lakhs, with a net loss of ₹89.74 Lakhs. For the half-year, revenue was ₹2,809.33 Lakhs and the net loss was ₹125.82 Lakhs. The company's total assets stood at ₹3,158.93 Lakhs as of September 30, 2026.

Key Highlights

  • Tejas Rajeshbhai Basrani appointed as CFO and KMP.
  • Board approved unaudited financial results for Q2 FY27.
  • Quarterly revenue ₹1,202.74 Lakhs; net loss ₹89.74 Lakhs.
  • Half-year revenue ₹2,809.33 Lakhs; net loss ₹125.82 Lakhs.
  • Total assets ₹3,158.93 Lakhs as of September 30, 2026.