Oil country tubular Limited has announced that its board of directors will convene on February 12, 2026, to review and approve the company's unaudited standalone financial results for the third quarter of fiscal year 2026. The meeting notification was communicated to stock exchanges on February 02, 2026, in accordance with regulatory requirements.

Board Meeting Details

The scheduled board meeting will focus on considering and approving the company's financial performance for the quarter ended December 31, 2025. This quarterly review represents a standard corporate governance practice for listed companies to maintain transparency with stakeholders and regulatory compliance.

Regulatory Compliance

The announcement was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered, ensuring market transparency and investor awareness.

The company formally notified both major Indian stock exchanges about the upcoming board meeting. BSE Limited and National Stock Exchange of India received the official communication, allowing investors and market participants to prepare for the financial results disclosure.

Company Communication

The notification was signed by Suryawanshi Vaibhav Suryakant, who serves as the Company Secretary and Compliance Officer. The digital signature was authenticated on February 02, 2026, at 11:28:19 hours, demonstrating the company's commitment to timely regulatory compliance and transparent communication with stakeholders.

Oil Country Tubular Limited has received regulatory penalties from both BSE and NSE for non-compliance with SEBI listing regulations. The company disclosed this information on December 17, 2025, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Penalty Details

The regulatory action stems from a violation of Regulation 23(9) of the Listing Regulations, specifically related to the late submission of disclosures on Related Party Transactions. The penalty structure is outlined below:

Regulatory Framework

The penalty was imposed under the SEBI Master Circular No: SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The violation pertains to Regulation 23(9) of the Listing Regulations, which governs the timely disclosure requirements for related party transactions by listed entities.

Company Response and Impact

Oil Country Tubular Limited has acknowledged that the delay was unintentional. The company has since complied with the disclosure requirements and implemented measures to strengthen internal compliance controls. The management emphasized that necessary steps have been taken to avoid recurrence of such instances in the future.

Corporate Governance Measures

The disclosure was signed by K. Suryanarayana, Chairman and Managing Director (DIN: 00078950), demonstrating board-level oversight of the compliance matter. The company has committed to strengthening its internal compliance framework to ensure adherence to regulatory timelines going forward.

The penalty amount, while modest in absolute terms, underscores the importance of timely regulatory compliance for listed entities. Oil Country Tubular Limited's prompt disclosure and remedial actions reflect its commitment to maintaining transparency with stakeholders and regulatory authorities.