Oil Country Tubular Ltd (OILCOUNTUB) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Oil Country Tubular Ltd on NSE and BSE, with an AI summary of each filing.
Oil Country Tubular Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve The Financial Results and ....
Intimation · 05 Nov 2026, 5:30 am
Oil Country Tubular Board Meeting Scheduled for 5th Nov'26 Oil Country Tubular Limited has scheduled a meeting of its Board of Directors on 5th Nov'26. The board will, inter alia, consider and approve the un-audited standalone financial results of the company for the second quarter and half year ended 30th Sep'26.
To consider and approve the financial results for the period ended September 30, 2026 and other business matters
Intimation · 05 Nov 2026, 5:30 am
Oil Country Tubular Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 05 Nov 2026, 5:30 am
The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(iii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Others (Uncategorized) · 07 Oct 2026, 7:40 pm
Kamineni Hospitals Acquires 9.30% Stake in Oil Country Tubular via Inter-Se Transfer Kamineni Hospitals Private Limited acquired 52,25,161 equity shares (9.30% stake) of Oil Country Tubular Limited on 28th Sep'26 at Rs 60.00 per share via an inter-se promoter group transfer under SEBI SAST Regulation 10(1)(a)(iii). The shares were offloaded by United Steel Allied Industries Private Limited, reducing its holding from 38.17% (2,14,44,165 shares) to 28.87% (1,62,19,004 shares). The acquisition price aligns within SEBI limits against the 60-day VWAP of Rs 59.269 per share.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for United Steel Allied Industries Pvt Ltd
Acquisition/ Disposal of Shares · 30 Sept 2026, 8:22 pm
United Steel Allied Industries Trims Stake in Oil Country Tubular via Inter-Se Transfer Promoter group entity United Steel Allied Industries Private Limited disposed of 52,25,161 equity shares (a 9.30% stake) in Oil Country Tubular Limited on 28th Sep'26. The off-market inter-se transfer was executed to Kamineni Hospitals Private Limited to settle an outstanding Inter-Corporate Deposit worth Rs 31.35 crore (Rs 31,35,09,677). Following this transaction, United Steel Allied Industries' equity holding in the target company decreased from 2,14,44,165 shares (38.17%) to 1,62,19,004 shares (28.87%). Total equity and voting capital remained unchanged at 5,61,84,530 shares.
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kamineni Hospitals Pvt Ltd
Others (Uncategorized) · 30 Sept 2026, 8:17 pm
Kamineni Hospitals Acquires 9.30% Stake in Oil Country Tubular via Settlement Kamineni Hospitals Private Limited acquired 52,25,161 equity shares (a 9.30% stake) in Oil Country Tubular Limited from United Steel Allied Industries Private Limited on 28th Sep'26. The inter-se promoter group transfer was executed at Rs 60 per share, valuing the deal at Rs 31.35 Cr to partially settle a Rs 36.30 Cr liability owed by the seller. Following the transaction, Kamineni Hospitals holds 9.30%, while United Steel Allied Industries' stake in Oil Country Tubular decreased from 38.17% to 28.87%.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kamineni Hospitals Pvt Ltd
Acquisition/ Disposal of Shares · 30 Sept 2026, 8:13 pm
Kamineni Hospitals Acquires 9.30% Stake in Oil Country Tubular via Inter-Se Transfer Kamineni Hospitals Private Limited acquired 52,25,161 equity shares (representing a 9.30% stake) of Oil Country Tubular Limited on 28th Sep'26. The acquisition was executed via an off-market inter-se transfer among promoter group entities from United Steel Allied Industries Private Limited at Rs. 60 per share, settling an outstanding Inter-Corporate Deposit of Rs. 31.35 cr. Prior to this transaction, Kamineni Hospitals held nil shares, and its holding now stands at 9.30% of the total paid-up equity capital.
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Others (Uncategorized) · 21 Sept 2026, 7:50 pm
Kamineni Hospitals to Acquire 9.30% Stake in Oil Country Tubular Kamineni Hospitals Private Limited proposed to acquire 52,25,161 equity shares (9.30% stake) of Oil Country Tubular Limited from promoter entity United Steel Allied Industries Private Limited (USAIPL) via an inter-se transfer under SEBI SAST Regulation 10(1)(a)(iii). The transaction is priced at Rs 60.00 per share, totaling Rs 31.35 Cr, to partially settle a Rs 36.30 Cr debt owed by USAIPL to Kamineni Hospitals. Post-transaction, USAIPL’s holding will decrease from 38.17% to 28.87%, while Kamineni Hospitals will hold 9.30%, scheduled after 25th Sep'26.
Disclosure of Voting Results and Consolidated Scrutinizers'' Report of the 40th Annual General Meeting (AGM)
Annual General Meeting · 13 Aug 2026, 7:55 pm
Proceedings of the 40th Annual General Meeting held on August 12, 2026.
Annual General Meeting · 12 Aug 2026, 11:12 pm
Corrigendum to the Financial Results for the Quarter ended June 30, 2026
Others (Uncategorized) · 31 Jul 2026, 1:40 am
Oil Country Tubular Corrects Q1 FY27 Results, Significantly Lowering Profits Oil Country Tubular issued a corrigendum for its Q1 FY27 results ended 30 Jun'26, correcting significant typographical errors. The Total Segment Results were revised down to Rs. 1,547.81 lakhs from the initially reported Rs. 2,824.19 lakhs. Consequently, Total Profit Before Tax and After Exceptional Items was corrected to Rs. 1,524.36 lakhs, a substantial reduction from the previously stated Rs. 2,847.64 lakhs. The revised figures have been incorporated into the updated financial statements submitted on 30 Jul'26.
Outcome of the Board Meeting held on 30.07.2026
Financial Result · 30 Jul 2026, 6:19 pm
Oil Country Tubular Q1FY27 Loss Widens Amid Revenue Decline Oil Country Tubular reported a net loss of Rs. 1,510.64 lakhs for Q1FY27, a significant increase from the Rs. 880.53 lakhs loss YoY. Total income fell 28.8% YoY to Rs. 1,783.33 lakhs. The loss widened sequentially from Rs. 1,363.64 lakhs in Q4FY26 despite a 41.4% QoQ drop in revenue. EBITDA for the quarter stood at Rs. 150.76 lakhs. During the quarter, the company issued 41,95,000 equity shares via conversion of OCPS, increasing paid-up capital to Rs. 5,618.45 lakhs. Basic EPS was Rs. (2.90).
Outcome of the Board Meeting held on 30.07.2026
Outcome · 30 Jul 2026, 6:14 pm
Oil Country Tubular Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 1,744 (-29.0% YoY | -41.6% QoQ) ■ EBITDA: 111 (-87.4% YoY | -45.5% QoQ) ■ EBITDA Margin (%): 6.4 (-2939 bps YoY | -46 bps QoQ) ■ PAT: -1,511 (-71.6% YoY | -10.8% QoQ) ■ EPS (INR): -2.60 (-61.5% YoY | -10.6% QoQ) Oil Country Tubular Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) Segmental Performance DRILL PIPE AND ALLIED PRODUCTS ■ Revenue: 1,731 (+7.5% YoY | -41.3% QoQ) ■ EBIT: -1,537 (-1044.3% YoY | -0.5% QoQ) ■ EBIT Margin (%): -88.8 (-8043 bps YoY | -3695 bps QoQ) OCTG SERVICES ■ Revenue: 12.2 (-98.6% YoY | -64.6% QoQ) ■ EBIT: -10.9 (+98.5% YoY | +39.4% QoQ) ■ EBIT Margin (%): -88.8 (-363 bps YoY | -3696 bps QoQ)
Oil Country Tubular Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2026 ,inter alia, to consider and approve the Un-audited financial ....
Intimation · 30 Jul 2026, 5:30 am
Oil Country Tubular Board Meeting to Approve Q1FY27 Results Oil Country Tubular Limited has scheduled a Board of Directors meeting on 30 Jul'26. The agenda includes the consideration and approval of the company's un-audited financial results for the first quarter ending 30 Jun'26. Other business matters will also be discussed. The announcement was made pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015.
OCTL Annual Report for the Financial Year 2025-26.
Others (Uncategorized) · 17 Jul 2026, 11:10 pm
Notice convening the 40th Annual General Meeting to be held on Wednesday, August 12, 2026.
Annual General Meeting · 17 Jul 2026, 11:02 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for United Steel Allied Industries Pvt Ltd
Acquisition/ Disposal of Shares · 23 Jun 2026, 12:02 am
Promoter Converts OCPS, Increases Stake in Oil Country Tubular United Steel Allied Industries Pvt Ltd, a promoter group entity of Oil Country Tubular Ltd, acquired 41,95,000 equity shares on 18-Jun'26. The acquisition was via the conversion of Optionally Convertible Preference Shares (OCPS). Following this, the promoter's voting rights increased from 33.18% to 38.17%. On a fully diluted basis, the promoter's shareholding now stands at 40.25%, up from 40.24% previously. The target company's total equity share capital increased from INR 51.99 cr to INR 56.18 cr post-allotment.
Outcome of the Board Meeting held on 18th June, 2026
Others (Uncategorized) · 18 Jun 2026, 8:12 pm
Oil Country Tubular Allots Equity Shares, Promoter Stake Increases On 18 Jun'26, Oil Country Tubular allotted 41,95,000 equity shares (face value Rs. 10) to United Steel Allied Industries Private Limited upon conversion of preference shares (OCPS). This increases the company's paid-up equity shares from 5.19 crore to 5.61 crore. Consequently, the promoter group shareholding has increased from 47.23% to 51.17%. The conversion price was Rs. 65 per share. The board also approved the notice for its 40th AGM, scheduled for 12 Aug'26, and acknowledged a SEBI show-cause notice.
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding receipt of Show Cause Notice by SEBI.
Others (Uncategorized) · 04 Jun 2026, 1:40 am
Oil Country Tubular Receives SEBI Show Cause Notice Over Disclosure Lapses Oil Country Tubular received a Show Cause Notice from SEBI on 03 Jun'26 regarding alleged non-compliance with LODR Regulations. The notice initiates adjudication proceedings for several violations. These include the non-disclosure of an ICD Agreement and its addendums, and failure to obtain prior shareholder, Board, and Audit Committee approvals for material related party transactions connected to these agreements. The financial impact is currently unquantified and will depend on the outcome of the adjudication proceedings, creating regulatory uncertainty for the company.
Change in Designation of Mr. C. Paruchuri Dheeraj having (DIN: 09341915) from Non Executive Non Independent Director to Whole Time Director of the Company
Change in Management · 21 May 2026, 10:10 pm
Oil Country Tubular Board Meeting Approves FY26 Results and Key Appointments Oil Country Tubular reported FY26 results with revenue from operations at ₹7,009.41 lakhs vs. ₹12,290.31 lakhs YoY. Net loss widened to ₹6,148.24 lakhs from ₹3,186.12 lakhs YoY. For Q4FY26, revenue was ₹2,985.62 lakhs and net loss was ₹1,363.64 lakhs. The Board approved appointing Mr. Ramamuni Reddy Jampanapalle as CFO, effective 21 May'26, and changing Mr. Paruchuri Dheeraj Chowdary's designation from Non-Executive to Whole Time Director, effective 01 Jun'26, for a 3-year term. Auditors issued an unmodified opinion.
Appointment of CFO
Change in Management · 21 May 2026, 10:04 pm
Oil Country Tubular Reports Key Board Decisions and FY26 Results Oil Country Tubular's board, on 21 May'26, approved FY26 results and key appointments. Mr. Ramamuni Reddy Jampanapalle was appointed CFO, effective 21 May'26. Mr. Paruchuri Dheeraj Chowdary's designation changed from Non-Executive Director to Whole-Time Director for a 3-year term starting 01 Jun'26. FY26 net loss widened to ₹6,148.24 lakhs from ₹3,186.12 lakhs YoY, on revenues of ₹7,009.41 lakhs, down from ₹12,290.31 lakhs. Q4FY26 net loss was ₹1,363.64 lakhs versus a loss of ₹1,054.16 lakhs YoY.
Audited Financial Results for the Q4 and Year ended 31st March, 2026.
Financial Result · 21 May 2026, 10:02 pm
Oil Country Tubular Reports Q4FY26 Results and Key Management Changes Oil Country Tubular reported Q4FY26 results on 21 May'26, posting a net loss of ₹1,363.64 lakhs versus a loss of ₹1,054.16 lakhs YoY. Revenue from operations was ₹2,985.62 lakhs, down from ₹3,433.42 lakhs YoY. For FY26, the net loss widened to ₹6,148.24 lakhs from ₹3,186.12 lakhs in FY25. The Board appointed Ramamuni Reddy Jampanapalle as CFO and elevated Paruchuri Dheeraj Chowdary to Whole Time Director. The statutory auditors received an unmodified opinion and converted their firm to an LLP.
Outcome of the Board Meeting held on 21st May, 2026
Outcome · 21 May 2026, 9:52 pm
Oil Country Tubular Ltd - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakhs) ■ Revenue: 2,986 (-13.0% YoY | +431.2% QoQ) ■ EBITDA: 204 (-83.5% YoY | Loss to Profit QoQ) ■ EBITDA Margin (%): 6.8 (-2908 bps YoY | Loss to Profit QoQ) ■ PAT: -1,364 (-29.4% YoY | +22.0% QoQ) ■ EPS (INR): -2.35 (-6.3% YoY | +26.6% QoQ) Oil Country Tubular Ltd - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakhs) Segmental Performance DRILL PIPE AND ALLIED PRODUCTS ■ Revenue: 2,951 (+13.9% YoY | +503.6% QoQ) ■ EBIT: -1,529 (-15.9% YoY | +17.4% QoQ) ■ EBIT Margin (%): -51.8 (-89 bps YoY | +32672 bps QoQ) OCTG SALES ■ Revenue: 0.0 ■ EBIT: 0.0 ■ EBIT Margin (%): 0.0 OCTG SERVICES ■ Revenue: 34.5 (-95.9% YoY | -52.8% QoQ) ■ EBIT: -17.9 (Profit to Loss YoY | +93.5% QoQ) ■ EBIT Margin (%): -51.8 (Profit to Loss YoY | +32669 bps QoQ) OTHER SALES AND SERVICES ■ Revenue: 0.0 ■ EBIT: 0.0 ■ EBIT Margin (%): 0.0
Oil Country Tubular Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2026 ,inter alia, to consider and approve consider and approve the ....
Intimation · 21 May 2026, 5:30 am
Oil Country Tubular Board to Approve Q4 & FY26 Results on May 21 Oil Country Tubular Limited (NSE: OILCOUNTUB) has scheduled a Board of Directors meeting on 21 May'26. The primary agenda is to consider and approve the audited financial results for the quarter and financial year ended 31 Mar'26. This meeting will be crucial for assessing the company's full-year performance and Q4FY26 results. Other business matters will also be discussed.
Intimation of Resignation of Chief Financial Officer (CFO) of the Company.
Change in Management · 24 Apr 2026, 5:52 pm
Oil Country Tubular CFO Resigns Citing Professional Opportunities Oil Country Tubular (NSE: OILCOUNTUB) announced the resignation of Mr. Lal Bahadur Shastry Gubba as Chief Financial Officer (CFO) and Key Managerial Personnel. The resignation is effective from the close of business hours on 23rd Apr'26. Mr. Gubba stated his reason for leaving is to pursue a better professional opportunity. The company has formally notified the stock exchanges of this key management change pursuant to SEBI LODR Regulations.