Olympic Oil Industries Limited Confirms Non-Applicability of Large Corporate Requirements for FY26

1 min read     Updated on 14 Apr 2026, 08:56 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Olympic Oil Industries Limited has confirmed to BSE Limited that it does not qualify as a Large Corporate entity as of March 31, 2026, under the regulatory framework established by BSE's operational circular dated August 10, 2021. This classification exempts the company from filing Initial Disclosure requirements under Annex XII-A and Annual Disclosure obligations under Annex XII-B2 for the financial year 2025-2026. The official communication was submitted by Whole-time Director Nipun Verma on April 14, 2026.

powered bylight_fuzz_icon
37726014

*this image is generated using AI for illustrative purposes only.

Olympic Oil Industries Limited has formally notified BSE Limited of its non-classification as a Large Corporate entity, confirming its exemption from specific regulatory disclosure requirements for the financial year 2025-2026. The communication, dated April 14, 2026, addresses the company's compliance status under BSE's debt securities framework.

Regulatory Classification Status

The company has confirmed that it does not fall under the Large Corporate category as of March 31, 2026, based on the framework established in BSE's Operational Circular for issue and listing of Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper dated August 10, 2021.

Classification Details: Status
Large Corporate Category: Not Applicable
Assessment Date: March 31, 2026
Financial Year: 2025-2026
Regulatory Framework: BSE Operational Circular (August 10, 2021)

Disclosure Requirement Exemptions

Due to its non-Large Corporate status, Olympic Oil Industries Limited is exempt from multiple disclosure obligations for FY26. The company is not required to file the Initial Disclosure documentation specified in Annex XII-A of the operational circular for the financial year 2025-2026.

Furthermore, the Annual Disclosure requirements mentioned in Annex XII-B2 of the same circular are also not applicable to the company for FY26, as it did not qualify as a Large Corporate entity during this financial year.

Corporate Communication Details

The official communication was signed by Nipun Verma, Whole-time Director (DIN: 02923423), and submitted to BSE Limited's Department of Corporate Services. The notification specifically references Olympic Oil Industries Limited's scrip code 507609 and addresses the fund raising provisions under chapter XII of the operational circular.

Communication Parameters: Details
Signatory: Nipun Verma, Whole-time Director
DIN: 02923423
Date of Communication: April 14, 2026
Scrip Code: 507609

This regulatory confirmation provides clarity on the company's compliance obligations and ensures transparency regarding its classification status under BSE's debt securities framework for the current financial year.

Historical Stock Returns for Olympic Oil Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.09%+2.69%-13.49%-40.71%-50.27%-64.11%

What factors could potentially push Olympic Oil Industries into the Large Corporate category in future financial years?

How might this exemption from disclosure requirements affect investor confidence and the company's access to debt markets?

Will Olympic Oil Industries pursue any debt fundraising activities in FY27 given their current regulatory flexibility?

like16
dislike

Olympic Oil Industries Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 11 Apr 2026, 07:05 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Olympic Oil Industries Limited submitted its mandatory SEBI compliance certificate for Q4FY26 on 11th April 2026. The certificate, issued by registrar MUFG Intime India Private Limited on 3rd April 2026, confirms proper handling of dematerialisation processes during the quarter ended 31st March 2026. The document verifies that all securities were processed within prescribed timelines and regulatory requirements were met.

powered bylight_fuzz_icon
37460106

*this image is generated using AI for illustrative purposes only.

Olympic oil industries Limited has filed its mandatory compliance certificate with BSE Limited under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2026. The submission was made on 11th April 2026 by Whole-Time Director Nipun Verma.

Regulatory Compliance Certificate

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the company's Registrar and Share Transfer Agent. The document, dated 3rd April 2026, was signed by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India.

Parameter: Details
Quarter Period: 31st March 2026
Certificate Date: 3rd April 2026
Submission Date: 11th April 2026
Registrar: MUFG Intime India Private Limited
Scrip Code: 507609

Certificate Confirmations

The compliance certificate provides several key confirmations regarding the company's dematerialisation processes during Q4FY26:

  • All securities received from depository participants for dematerialisation were confirmed (accepted/rejected) to the depositories within prescribed timelines
  • Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation were properly mutilated and cancelled after due verification by depository participants
  • Names of depositories have been substituted in the register of members as registered owners within prescribed timelines

Company Information

Olympic Oil Industries Limited operates under CIN L15141MH1980PLC022912 with its registered office located at 709, C Wing, One BKC, Near Indian Oil Petrol Pump, G Block, BKC, Bandra (East), Mumbai - 400051. The company maintains its corporate website at www.olympicoil.co.in and can be contacted at olympicoilltd@gmail.com .

Regulatory Framework

This certificate submission is mandated under SEBI (Depositories and Participants) Regulations, 2018, which requires companies to maintain proper records and confirmations regarding dematerialisation of securities. The regulation ensures transparency and proper handling of securities in electronic form, protecting investor interests and maintaining market integrity.

Historical Stock Returns for Olympic Oil Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.09%+2.69%-13.49%-40.71%-50.27%-64.11%

How might the recent rebranding of Link Intime to MUFG Intime India impact Olympic Oil Industries' future registrar and transfer agent services?

What operational or financial developments should investors expect from Olympic Oil Industries in the upcoming Q1FY27 earnings report?

Will Olympic Oil Industries need to adapt its compliance processes as SEBI potentially updates the Depositories and Participants Regulations beyond 2018?

like17
dislike

More News on Olympic Oil Industries

1 Year Returns:-50.27%