Independent Director Dinesh Narang has resigned from the Board of Directors of Oriental Trimex Limited effective June 8, 2026, due to personal engagements elsewhere. The company disclosed this event to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation reduces the board's independent oversight as the director steps down from two listed entities.

The Board placed on record its appreciation for the guidance provided by Narang during his association with the company. In his resignation letter, Narang confirmed that there are no material reasons for his departure other than the stated personal engagements. He requested the Company Secretary to file necessary intimations with the Registrar of Companies and other regulatory authorities.

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Ltd. under the symbol ORIENTALTL. The filing included the specific regulatory citation SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding the disclosure of director departures.

Director Details

Oriental Trimex Limited returned to profitability in the fiscal year ended March 31, 2026, reporting a net profit of ₹179.38 lakh compared to a net loss of ₹566.13 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹2,117.83 lakh, a marginal increase from ₹2,102.03 lakh in FY25. The turnaround was driven by a significant reduction in total expenses, which fell to ₹2,101.98 lakh in FY26 from ₹2,750.09 lakh in the prior year. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

Total revenue for the year increased to ₹2,461.94 lakh from ₹2,183.96 lakh. For the quarter ended March 31, 2026, the company reported a net profit of ₹131.99 lakh on a revenue from operations of ₹1,394.11 lakh. The company's earnings per share (EPS) for the year after exceptional items was ₹0.38, compared to ₹1.52 in the previous year.

Operational Highlights

The balance sheet reflects a strengthening of the asset base, with total assets rising to ₹13,796.15 lakh as of March 31, 2026, from ₹12,580.23 lakh a year earlier. Equity and liabilities totaled ₹13,796.15 lakh, with total equity at ₹9,978.23 lakh.

Regulatory Compliance

The statutory auditors provided an unmodified opinion on the standalone financial results for FY26. The results were reviewed by the Audit Committee and subsequently approved by the Board. The filing was made in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for designated persons will reopen on June 2, 2026. The company published the audited financial results in the English newspaper "Financial Express" and Hindi newspaper "Jansatta" on June 1, 2026, under Regulation 47 read with Regulation 33 of the SEBI regulations.