Omkar Overseas Limited will convene an Extraordinary General Meeting on July 27, 2026, at 11:30 a.m. via video conferencing pursuant to an order dated June 04, 2026 passed by the National Company Law Tribunal, Ahmedabad Bench. The meeting will be held to transact business mentioned in the notice, including a Scheme of Arrangement in the nature of Reorganization of Capital under Section 230 read with Section 66 of the Companies Act, 2013. National Securities Depository Limited has been appointed to facilitate the remote e-voting and video conferencing facility.

The Board established Friday, June 19, 2026, as the cut-off date to determine shareholders eligible for the dispatch of the meeting notice. Shareholders eligible to participate in e-voting and attend the meeting will be determined based on the record date of Monday, July 20, 2026. Mr. Keyoor Bakshi, Company Secretary, has been appointed as the Chairperson of the meeting, while Mr. Rutvik Liladhar Desai, Advocate, will serve as the Scrutinizer.

The remote e-voting period will begin on Thursday, July 23, 2026, at 9:00 a.m. and conclude on Sunday, July 26, 2026, at 5:00 p.m. Shareholders holding securities in demat mode can vote through their demat accounts maintained with Depositories and Depository Participants. NSDL is the authorized agency providing the facility for casting votes through electronic means.

Key Meeting Dates

Omkar Overseas Limited held its board meeting on May 07, 2026, at its registered office in Ahmedabad, commencing at 2:00 PM and concluding at 3:00 PM. The board considered and approved the audited standalone financial results for the quarter and year ended March 31, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee prior to board approval and were filed with the Bombay Stock Exchange Limited. Statutory auditors M/s. N.S. Nanavati & Co., Chartered Accountants, issued an unmodified audit opinion on the standalone financial results.

Financial Performance

The company recorded no revenue from operations during the quarter and year under review. The following table presents the key financial metrics for the periods covered:

The company reported a net loss of ₹17.03 lakhs for the full year ended March 31, 2026, compared to a net loss of ₹15.05 lakhs in the corresponding previous year. For the quarter ended March 31, 2026, the net loss stood at ₹5.46 lakhs, against ₹2.39 lakhs in the same quarter of the prior year. No tax expense was recorded for either period. The paid-up equity share capital stood at ₹492.36 lakhs, with a face value of ₹10 per share.

Balance Sheet Highlights

The standalone balance sheet as at March 31, 2026 reflects the company's continued financial stress. Key balance sheet figures are presented below:

The company's total equity turned more negative, declining from ₹-20.85 lakhs to ₹-37.88 lakhs, driven by accumulated losses of ₹-10,99,66,929.00 against paid-up capital of ₹4,92,35,750 and a securities premium balance of ₹5,69,43,000. Non-current borrowings rose to ₹39.10 lakhs from ₹20.89 lakhs in the prior year.

Cash Flow Summary

The cash flow statement for the year ended March 31, 2026 highlights the company's reliance on borrowings to sustain operations:

Operating activities resulted in a net cash outflow of ₹15.67 lakhs, partially offset by net cash inflows from financing activities of ₹15.73 lakhs, primarily from an increase in long-term borrowings of ₹18.21 lakhs.

Auditor's Observations and Going Concern

The statutory auditors, M/s. N.S. Nanavati & Co., issued an unmodified opinion on the standalone financial results. However, the auditors flagged significant concerns under Other Matters. The accumulated losses exceed the company's paid-up capital and free reserves, resulting in a negative networth of ₹-37,88,179.00. The auditors noted the absence of any business activity during the year and stated that, on the basis of both operational and financial parameters, significant doubt exists on the company's ability to continue as a going concern. The management has proposed a capital reduction scheme to address this situation.

Trading Window Closure

In compliance with BSE Circular No. LIST/COMP/01/2019-20 and NSE Circular No. NSE/CML/2019/11, both dated April 02, 2019, and the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, the trading window was closed effective April 01, 2026. The window will remain closed until the expiry of 48 hours after the declaration of the financial results. The intimation was signed by Whole-Time Director Parul Kamleshbhai Joshi (DIN: 06370561) from Ahmedabad.