Organic Coatings Limited has scheduled a board meeting for August 29, 2026, to finalize details for its upcoming Annual General Meeting. The session will determine the cut-off date for voting and dividend eligibility for the financial year ended March 31, 2026.

Meeting Agenda

The Board of Directors will consider several key items during the scheduled session. Primary among these is fixing the date, time, and venue for the 61st Annual General Meeting (AGM).

The board will also approve the draft Notice of the AGM along with the Directors' Report. Additionally, the meeting will establish the record date required for shareholder voting rights and dividend eligibility.

Regulatory Disclosure

This prior intimation is issued under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure aims to inform members and investors about the impending corporate action.

Parth Meenesh Patel, Whole-time Director of Organic Coatings Limited, signed the intimation on August 25, 2026.

Organic Coatings Limited declared its unaudited standalone financial results for the first quarter ended June 30, 2026. The printing ink manufacturer reported a net profit of ₹0.03 lakh for the period. This marks a shift from the net loss of ₹9.74 lakh recorded in the preceding quarter ended March 31, 2026.

The Board of Directors approved the financial outcomes at a meeting held on August 14, 2026. The results have been filed with the stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's total income for the quarter stood at ₹1.52 lakh, driven primarily by other income. Revenue from operations was not explicitly disclosed as a separate positive figure in the extract provided, with the total income line item reflecting the aggregate earnings.

Total expenses for the quarter amounted to ₹1.48 lakh. This includes employee benefit expenses of ₹0.30 lakh and other expenses of ₹1.18 lakh. Finance costs were negligible for the period.

What the Numbers Show

The transition from a quarterly loss to a profit is largely attributable to a significant reduction in operating expenses rather than a surge in top-line revenue. While total income saw a modest increase from ₹0.80 lakh to ₹1.52 lakh, total expenses contracted sharply from ₹10.54 lakh in the previous quarter to ₹1.48 lakh. This divergence highlights that the profitability in Q1FY27 was driven by cost containment and lower expenditure levels compared to the prior period.

Regulatory Disclosures

The unaudited financial results are available on the company’s website and the stock exchange portals. The filing was signed by Ajay Rajnikant Shah, Wholetime Director & CFO, on behalf of the Board. The company continues to operate under its registered office in Mumbai.