Oil Country Tubular Limited CFO Lal Bahadur Shastry Gubba Resigns Effective April 23, 2026

Oil country tubular Limited has announced a significant change in its key management personnel with the resignation of its Chief Financial Officer (CFO). The Hyderabad-based company informed stock exchanges about this development through a regulatory filing under SEBI guidelines.

CFO Resignation Details

Mr. Lal Bahadur Shastry Gubba, who served as Chief Financial Officer and Key Managerial Personnel of the company, submitted his resignation letter dated April 23, 2026. The resignation became effective immediately from the closure of business hours on April 23, 2026.

Parameter:	Details
Name:	Mr. Lal Bahadur Shastry Gubba
Position:	Chief Financial Officer (CFO)
Resignation Date:	April 23, 2026
Effective Date:	Closure of business hours on April 23, 2026
Reason:	Pursue better professional opportunity

Professional Background

Mr. Gubba is a qualified Chartered Accountant with ICAI Membership No. 220590. In his resignation letter addressed to the Board of Directors, he expressed gratitude to the Chairman and Board members for their valuable guidance and cooperation during his tenure with the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited on April 24, 2026, ensuring compliance with regulatory requirements for key management personnel changes.

The resignation letter and detailed disclosures were submitted by Company Secretary & Compliance Officer Suryawanshi Vaibhav Suryakant (ACS: 72171) to maintain transparency with stakeholders and regulatory authorities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.41%	-0.84%	+52.14%	-7.98%	-12.12%	+647.83%

Oil Country Tubular Limited has submitted its mandatory disclosure to stock exchanges pursuant to SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, confirming its classification status under the Large Corporate framework.

SEBI Large Corporate Classification Status

The company has confirmed that it does not qualify as a Large Corporate under the applicability criteria specified in Chapter XII of the SEBI circular. This disclosure is part of the regulatory requirements for listed companies to maintain transparency regarding their borrowing status and corporate classification.

Financial Position and Borrowings

As per the disclosure filed on April 14, 2026, Oil Country Tubular Limited reported its financial position as follows:

Parameter	Details
Outstanding Long-term Borrowings (March 31, 2025)	Rs. 10.22 Crores
Credit Rating Status	Not Applicable
Large Corporate Classification	Does Not Qualify
Stock Exchange Fine Applicability	Not Applicable

Company Details and Compliance

The disclosure document provides comprehensive company information including:

Corporate Information	Details
Company Name	Oil Country Tubular Limited
CIN	L26932TG1985PLC005329
Registered Office	Kamineni, 3rd Floor, King Koti, Hyderabad – 500001
State	Telangana, India

Regulatory Compliance and Authorization

The disclosure was duly authorized and signed by key management personnel:

Company Secretary & Compliance Officer: Suryawanshi Vaibhav Suryakant (ACS: 72171)
Chief Financial Officer: Lal Bahadur Shastri Gubba (M. No. 220590)

Both officials digitally signed the document on April 14, 2026, ensuring proper compliance with regulatory requirements. The disclosure confirms the company's adherence to SEBI guidelines and maintains transparency with stakeholders regarding its corporate classification and borrowing status.