OTCO International Limited Claims Exemption from Annual Secretarial Compliance Report for FY26

1 min read     Updated on 08 Apr 2026, 03:20 PM
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OTCO International Limited has informed BSE of its exemption from filing the Annual Secretarial Compliance Report for FY26 under Regulation 24A. The company qualifies for exemption under Regulation 15(2) of SEBI regulations due to its paid-up equity share capital of Rs. 2,59,36,240 and net worth of Rs. 26,610 (in thousands) as of March 31, 2025, both falling below the prescribed thresholds for corporate governance compliance requirements.

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OTCO International Limited has notified BSE that it is exempt from filing the Annual Secretarial Compliance Report for the financial year ending March 31, 2026, under regulatory exemptions available to smaller listed companies.

Regulatory Exemption Details

The company has claimed exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which exempts listed entities from corporate governance provisions if they meet specific size criteria. According to the regulation, companies with paid-up equity share capital not exceeding Rs. 10 crores and net worth not exceeding Rs. 25 crores are eligible for this exemption.

Financial Parameter: Amount
Paid-up Equity Share Capital: Rs. 2,59,36,240
Net Worth (as on March 31, 2025): Rs. 26,610 (in thousands)
Exemption Threshold - Share Capital: Rs. 10 crores
Exemption Threshold - Net Worth: Rs. 25 crores

Compliance Report Non-Applicability

The Annual Secretarial Compliance Report requirement under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, read with BSE Circular LIST/COMP/10/2019-20 dated May 9, 2019, does not apply to OTCO International due to its exemption status.

The company has clarified that it is exempted from submitting the annual secretarial compliance report for the year ended March 31, 2025, and consequently for FY26 as well. The company has committed to comply with applicable regulations within six months from the date of applicability, should circumstances change.

Corporate Communication

The formal communication to BSE was signed by Madhusmita Panda, Company Secretary and Compliance Officer of OTCO International Limited, on April 8, 2026. The notification serves as an official record of the company's regulatory compliance status and exemption claim under the applicable SEBI regulations.

This exemption allows smaller listed companies to operate with reduced compliance burden while maintaining essential regulatory oversight appropriate to their size and market presence.

Historical Stock Returns for Otco International

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%-5.23%-20.58%-0.84%-10.63%+156.73%

What growth strategies might OTCO International pursue to expand beyond the current exemption thresholds?

How could potential changes in SEBI's exemption criteria for smaller companies affect OTCO's compliance obligations?

What impact might this reduced compliance burden have on OTCO's operational costs and investor attractiveness?

OTCO International Files Yearly SEBI SAST Disclosure for FY26

1 min read     Updated on 08 Apr 2026, 06:40 AM
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AI Summary

OTCO International Limited submitted its mandatory yearly disclosure under SEBI SAST Regulations for FY26, with detailed shareholding information showing promoter Pradeep Kumar Panda holding 96,25,411 shares (74.22% stake) without any encumbrance during the period. The filing demonstrates regulatory compliance and transparency in ownership structure.

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OTCO International Limited has filed its mandatory yearly disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure was submitted under Regulation 30(1) and 30(2) to BSE Limited on April 7, 2026, ensuring compliance with regulatory transparency requirements.

Regulatory Compliance Filing

The company's disclosure was filed under Regulation 30(1) and 30(2) of SEBI SAST Regulations, which mandates yearly reporting by promoters and promoter group members regarding their shareholding positions. Company Secretary and Compliance Officer Madhusmita Panda submitted the filing on behalf of the company to BSE Limited.

Detailed Shareholding Structure

Promoter Pradeep Kumar Panda provided comprehensive shareholding details as part of the mandatory disclosure. The filing reveals his substantial stake in the company with detailed breakdown of various shareholding categories.

Shareholding Category: Number of Shares % of Total Share Capital % of Diluted Capital
Equity Shares: 96,25,411 74.22% 74.22%
Voting Rights (other than shares): NIL NIL NIL
Warrants: NIL NIL NIL
Convertible Securities: NIL NIL NIL
Other Instruments: NIL NIL NIL
Total Holdings: 96,25,411 74.22% 74.22%

Promoter Information

The disclosure identifies Pradeep Kumar Panda as a promoter of OTCO International Limited, holding PAN number AFPPP0757B. His shareholding position as of March 31, 2026, represents a significant majority stake of 74.22% in the company. The filing confirms no encumbrance activities were undertaken during the financial year.

Corporate Details

Parameter: Details
Company Name: OTCO International Limited
Registered Office: P-41, 9A Main, LIC colony, Jeevanbhima Nagar, HAL 3rd Stage, New Thippasandra, Bangalore-560075, Karnataka
BSE Scrip Code: 523151
ISIN Code: INE910B01028
CIN: L17114KA2001PLC028611
Filing Date: April 7, 2026

This yearly SEBI SAST disclosure demonstrates the company's commitment to regulatory compliance and transparency in shareholding disclosures, providing stakeholders with comprehensive information about promoter holdings and ownership structure as mandated under securities regulations.

Historical Stock Returns for Otco International

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%-5.23%-20.58%-0.84%-10.63%+156.73%

Will Pradeep Kumar Panda's 74.22% majority stake influence OTCO International's strategic decisions regarding potential acquisitions or expansion plans in FY2027?

How might the concentrated promoter ownership structure affect OTCO International's ability to attract institutional investors or raise capital through public offerings?

What impact could this high promoter shareholding have on OTCO International's stock liquidity and trading volumes in the coming quarters?

More News on Otco International

1 Year Returns:-10.63%