
Board Meeting12 Aug 2026, 01:07 pm
OTCO International BOD Approves Q1 FY27 Results, Share Consolidation
AI Summary
OTCO International Limited's Board of Directors convened on August 12, 2026, approving the unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report. Key decisions included altering the Memorandum of Association to enhance borrowing powers up to ₹100 Crores and consolidating equity shares from Rs. 2/- to Rs. 10/-. The company also approved notice for the Annual General Meeting (AGM) for FY 2025-26, scheduled for September 17, 2026, to discuss the Directors' Report and Management Discussion and Analysis. The appointment of Mrs. Bagyalakshmi Thirumalai as Director was also confirmed.
Key Highlights
- Approved unaudited Q1 FY27 results and Limited Review Report.
- Enhanced borrowing powers up to ₹100 Crores.
- Consolidated equity shares from Rs. 2/- to Rs. 10/-.
- Scheduled AGM for FY 2025-26 on September 17, 2026.
- Appointed Mrs. Bagyalakshmi Thirumalai as Director.
Price Impact
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