Organic coatings Limited, a manufacturer of printing inks and allied products, has scheduled a board meeting to review its quarterly financial performance and ensure regulatory compliance.

Board Meeting Details

The company has announced that its board of directors will meet on February 14, 2026 to consider the unaudited financial results for the quarter ended December 31, 2025. This represents the third quarter results for the financial year 2026.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal code of conduct, Organic Coatings Limited has implemented a trading window closure. The restriction applies to all designated persons and covers dealings in the company's equity shares.

Regulatory Compliance

The board meeting notification has been issued under Regulation 29(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings scheduled to consider financial results.

The communication was addressed to BSE Limited, where the company's shares are listed under stock code 531157. The notification was signed by Ajay R. Shah, Wholetime Director and CFO, ensuring proper authorization and compliance with corporate governance norms.

Company Background

Organic Coatings Limited operates as a manufacturer of printing inks and allied products. The company maintains its registered office in Mumbai and has manufacturing facilities in Vadodara, Gujarat. With CIN L24220MH1965PLC013187, the company has been incorporated since 1965, indicating its established presence in the industry.

Standard Capital Markets Limited's Board of Directors approved the partial redemption of secured non-convertible debentures worth ₹1.21 crore through a circular resolution on January 5, 2026. The company informed BSE Limited about this decision under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Debenture Redemption Details

The redemption involved 121 secured, unlisted, unrated, redeemable non-convertible debentures, each carrying a face value of ₹1,00,000. The transaction specifics are outlined below:

Issuance and Timeline

The redeemed debentures were originally allotted to holders during the period from October 30, 2024, to February 14, 2025. The redemption request was initiated by the debenture holder through their letter dated October 28, 2024. The Board's approval for the partial redemption was obtained on January 5, 2026, with majority directors providing their consent.

Regulatory Compliance

The redemption was executed in accordance with the terms and conditions established at the time of issuance of these secured non-convertible debentures. Standard Capital Markets filed the disclosure with BSE Limited, where the company's shares are listed under scrip code 511700 with ISIN INE625D01028.

Post-Redemption Position

Following this partial redemption, Standard Capital Markets retains 49,879 outstanding secured non-convertible debentures. The redemption demonstrates the company's commitment to honoring its debt obligations as per the agreed terms and maintaining regulatory compliance through timely disclosures to the stock exchange.