Oriental Trimex Limited has scheduled a board meeting for February 26, 2026, at 2:00 PM to finalize crucial corporate decisions regarding fund raising and capital restructuring. The company has issued a formal notice to BSE Limited and National Stock Exchange of India Limited under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

FCCB Issuance Details

The primary agenda focuses on finalizing the detailed terms and conditions for the proposed issuance of Foreign Currency Convertible Bonds (FCCBs). This development follows the board's earlier decision on February 12, 2026, where directors had already approved the concept of raising funds through FCCBs. The upcoming meeting will address the specific parameters and conditions governing this financial instrument.

Share Capital Restructuring

The board will simultaneously consider a proposal to increase the company's authorized share capital, subject to shareholder approval. This decision would require consequential alterations to the Capital Clause of the Memorandum of Association, which also needs shareholder consent.

The company plans to seek comprehensive shareholder approval for these corporate actions and related matters. This includes authorization to appoint various intermediaries essential for executing the proposed transactions.

Professional Appointments

As part of the fund raising process, the board will consider appointing key intermediaries to facilitate the FCCB issuance and capital restructuring:

• Merchant bankers
• Legal advisors
• Other specialized agencies

These appointments are crucial for ensuring regulatory compliance and smooth execution of the proposed corporate actions.

Regulatory Compliance

The notice, signed by Managing Director Rajesh Kumar Punia (DIN: 00010289), demonstrates the company's commitment to maintaining transparency with stakeholders and regulatory authorities. The formal communication to both major stock exchanges ensures proper disclosure of material developments that could impact investor decisions.

The company operates from multiple locations including Delhi, Greater Noida in Uttar Pradesh, and Chennai in Tamil Nadu, reflecting its pan-India presence in the business landscape.

Oriental Trimex Limited has received a penalty order from the Securities and Exchange Board of India (SEBI) imposing a monetary penalty of INR 1,15,00,000 for alleged regulatory violations. The company disclosed this development through a regulatory filing dated February 19, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SEBI Order Details

The penalty order was issued under Sections 15HA, 15HB and 15A(a) of the SEBI Act, 1992, dated February 18, 2026. The company received communication from the authority on the same date. The violations pertain to alleged contraventions of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Response and Impact Assessment

Oriental Trimex Limited has stated that the financial impact of the order is limited to the penalty amount imposed. The company emphasized that there is no material impact on its operations or other activities. The disclosure indicates that the penalty represents the primary quantifiable monetary impact from this regulatory action.

Planned Legal Action

The company has indicated its intention to challenge the SEBI order through an appeal to higher authorities. Oriental Trimex's management has expressed that the order lacks substance and does not contain a quantifiable sum to assess any disproportionate gain or loss to anyone. The company has highlighted its clean regulatory record in the past as part of its position on the matter.

Regulatory Compliance

The disclosure was made in compliance with Sub-para 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Rajesh Kumar Punia, Managing Director (DIN: 00010289), on behalf of the Board of Directors from the company's Delhi office.