OIL COUNTRY TUBULAR LTD.

Oil Country Tubular Ltd (OCTL) has announced its Annual Report for the Financial Year 2025-26 and the notice for its 40th Annual General Meeting (AGM). The AGM is scheduled for Wednesday, August 12, 2026, at 11:00 AM IST, to be conducted via Video Conferencing/Other Audio Visual Means. Key agenda items include the adoption of the Audited Balance Sheet, Profit and Loss Account, Cash Flow Statement for FY 2025-26, along with Director's and Auditor's reports. Additionally, the AGM will address the appointment of directors retiring by rotation and the special business of re-designating Mr. Paruchuri Dheeraj Chowdary from Non-Executive Non-Independent Director to Whole-Time Director, effective June 1, 2026, for a period of three years with approved remuneration. The annual report and AGM notice are being sent electronically to shareholders and are also available on the company's website.

Oil Country Tubular Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 01, 2026, and will reopen 48 hours after the declaration of the un-audited financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when sensitive financial information is being finalized.

United Steel Allied Industries Pvt Ltd (USAIPL), a promoter group shareholder, has disclosed the conversion of 41,95,000 Optionally Convertible Preference Shares (OCPS) into an equal number of equity shares of Oil Country Tubular Limited. This conversion increases USAIPL's direct equity holding and reduces its convertible securities. The total diluted share capital of Oil Country Tubular Limited has also been adjusted post-conversion. This transaction is part of an ongoing conversion process initiated in late 2024.

Oil Country Tubular Ltd announced the allotment of 41,95,000 equity shares to United Steel Allied Industries Private Limited upon conversion of Zero Coupon Optionally Convertible Preference Shares (OCPS). This conversion increases the company's paid-up equity shares from 5,19,89,530 to 5,61,84,530. The conversion price was Rs. 65 per equity share. The company also announced its 40th Annual General Meeting (AGM) scheduled for August 12, 2026, with e-voting details provided. Additionally, the board noted a Show Cause Notice from SEBI.

Oil Country Tubular Ltd has received a Show Cause Notice (SCN) from the Securities and Exchange Board of India (SEBI) dated June 02, 2026, which was served on June 03, 2026. The SCN alleges non-compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, the alleged violations include non-disclosure of an ICD Agreement and its addendums, failure to obtain prior shareholder approval for material related party transactions, and not securing necessary approvals for a second addendum agreement. The SCN does not currently quantify any monetary penalty, and the financial implications remain uncertain pending the outcome of the adjudication proceedings.

Oil Country Tubular Ltd. announced the change in designation of Mr. C. Paruchuri Dheeraj (DIN: 09341915) from Non-Executive Non-Independent Director to Whole Time Director, effective June 1, 2026, for a term of 3 years, subject to member approval. The board also approved the appointment of Mr. Ramamuni Reddy Jampanapalle as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The decisions were made during the Board Meeting held on May 21, 2026, following the recommendation of the Nomination and Remuneration Committee.

Oil Country Tubular Ltd. announced its audited standalone financial results for the quarter and year ended March 31, 2026, following a Board Meeting on May 21, 2026. The board also approved the appointment of Mr. Ramamuni Reddy Jampanapalle as CFO and Key Managerial Personnel, and approved the change in designation of Mr. Paruchuri Dheeraj Chowdary from Non-Executive Non Independent Director to Whole Time Director, effective June 1, 2026, subject to member approval.

Oil Country Tubular Ltd appointed Mr. Ramamuni Reddy Jampanapalle as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective May 21, 2026. The board also approved the change in designation of Mr. Paruchuri Dheeraj Chowdary from Non-Executive Non Independent Director to Whole Time Director for a 3-year term starting June 1, 2026, subject to member approval. The company's audited standalone financial results for the quarter and year ended March 31, 2026, with an unmodified opinion from the Statutory Auditors, were also approved.

Oil Country Tubular Ltd's board meeting on May 21, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026, with an unmodified opinion from the statutory auditors. Mr. Ramamuni Reddy Jampanapalle was appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. Additionally, Mr. Paruchuri Dheeraj Chowdary's designation was changed from Non-Executive Non Independent Director to Whole Time Director, effective June 01, 2026, subject to member approval.

Oil Country Tubular Ltd has scheduled a Board of Directors meeting on May 21, 2026, to consider and approve the Audited Financial Results for the Quarter and Year ended March 31, 2026, along with other business matters. The notice is available on the company's website.