Olympic Management board to consider promoter reclassification

Olympic Management & Financial Services Limited has received a request from Excel Paints Private Limited to reclassify its shareholding from the promoter category to the public category. The company informed BSE on May 14, 2026, regarding this intimation under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board of directors will consider this request during its upcoming meeting scheduled for May 28, 2026.

Excel Paints Private Limited currently holds 2800 equity shares, representing 0.09% of the total share capital. In its letter dated May 13, 2026, the entity stated that it has had no association with the business or management of the company for many years and does not exercise control over policy decisions. The shareholder confirmed compliance with the conditions specified in Regulation 31A(3)(b), including not holding more than 10% of the paid-up equity share capital and not holding any positions on the board or as key managerial personnel.

Board Meeting Agenda

The board meeting convened on May 28, 2026, will address the reclassification request alongside other routine matters. The approval of the reclassification is subject to the necessary clearances from the stock exchange.

Agenda Item	Details
Financial Results	Audited Standalone Financial Results for Q4 and year ended March 31, 2026
Promoter Reclassification	Consider request from Excel Paints Private Limited to reclassify as Public
AGM Scheduling	Fix day, date, time, and venue of the 42nd Annual General Meeting
Book Closure	Fix Book Closure Date for the purpose of AGM

Key Meeting Details

Parameter	Details
Meeting Date	Thursday, May 28, 2026
Meeting Time	2:00 p.m.
Venue	42, Gopal Bhavan, 199, Princess Street, Mumbai
BSE Code	511632

The trading window for designated persons remains closed until 48 hours after the announcement of the audited financial results.

Olympic Management & Financial Services Limited has submitted its annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming that promoters of the company have not encumbered or pledged any shares during the financial year ended March 31, 2026. The disclosure, dated May 9, 2026, was signed by Director Preethi Thomas Yangal and filed with BSE Limited from the company's registered office in Mumbai.

Regulatory Disclosure Details

The filing was addressed to multiple regulatory and depository bodies, as outlined below:

Recipient:	Details
Exchange:	BSE Limited, Corporate Service Department, Mumbai
Depository 1:	National Securities Depository Ltd. (NSDL), Lower Parel, Mumbai
Depository 2:	Central Depository Services India Ltd. (CDSL), Lower Parel, Mumbai
Filing Date:	May 9, 2026
Period Covered:	Financial year ended March 31, 2026

The disclosure was submitted in compliance with the annual reporting requirement under Regulation 31(4) of SEBI (SAST) Regulations, 2011, which mandates promoters to confirm the status of encumbrance on their shareholding at the close of each financial year.

Promoter Confirmation on Share Encumbrance

Promoter and Director Pawan Kr Agarwal (DIN: 00556417), writing on behalf of himself and all other promoters of the company, confirmed that no encumbrance was created, directly or indirectly, on shares held by the promoter group during the financial year ended March 31, 2026. The key disclosures made are summarised below:

Parameter:	Details
Encumbrance During FY:	Nil
Shares Pledged as on March 31, 2026:	Nil
Shares Encumbered as on March 31, 2026:	Nil
Disclosure Made By:	Pawan Kr Agarwal, Director (DIN: 00556417)
On Behalf Of:	All Promoters of Olympic Management & Financial Services Limited

Company and Filing Information

Olympic Management & Financial Services Limited is incorporated under CIN L65990MH1984PLC033825 and has been operating since 1984. The company's registered office is located at 42, Gopal Bhawan, 199, Princess Street, Mumbai – 400 002. The filing to BSE Limited was made under BSE Code 511632 and CSE Code 025031. Director Preethi Thomas Yangal (DIN: 08853472) signed the covering letter submitted to BSE Limited on behalf of the company.