Olympia Industries Limited has announced that it will not be required to comply with certain corporate governance disclosure requirements for the quarter and half-year ending September 30, 2025. This exemption comes as a result of the company's recent financial performance and regulatory guidelines.

Key Highlights

• Exemption Period: Q2 and H1 FY2026 (ending September 30, 2025)
• Regulation: SEBI LODR Regulation 23(9)
• Reason: Six-month cooling period following net worth increase

Financial Milestone

Olympia Industries has reported a significant financial milestone:

This achievement marks a crucial turning point for the company, as its net worth has surpassed the Rs. 25 crores threshold.

Regulatory Timeline

The company's journey towards full compliance with corporate governance regulations follows a specific timeline:

Compliance Certification

Olympia Industries has obtained certification from its chartered accountant regarding its compliance status:

• Corporate governance regulations were not applicable for FY 2023, 2024, and 2025
• Regulations will apply during FY 2025-26 after the expiration of the cooling period

This announcement provides clarity on Olympia Industries' regulatory obligations and reflects the company's growth trajectory. Investors and stakeholders can expect enhanced corporate governance disclosures starting from the quarter ending December 31, 2025, as the company aligns with SEBI's regulatory framework for larger corporations.

Olympia Industries Limited has announced the appointment of Ms. Avanti Patthey as its new Company Secretary and Compliance Officer, effective September 25, 2025. The decision was made during a board meeting held on the same day, following a recommendation from the company's Nomination and Remuneration Committee.

Key Appointment Details

• Appointee: Ms. Avanti Patthey
• Position: Company Secretary and Compliance Officer
• Effective Date: September 25, 2025
• ICSI Membership: A77997
• Role: Whole-Time Key Managerial Personnel (KMP)

Professional Background

Ms. Patthey brings a strong academic background and expertise to her new role at Olympia Industries. She is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI). Her areas of expertise include:

• Corporate Laws
• Corporate Governance
• SEBI Regulations
• Compliance-related matters

Appointment Process and Compliance

The appointment of Ms. Patthey aligns with several regulatory requirements:

• Section 203 of the Companies Act, 2013
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI (Prohibition of Insider Trading) Regulations, 2015

The board meeting that confirmed her appointment commenced at 4:00 PM IST and concluded at 5:25 PM IST on September 25, 2025.

Company Information

Olympia Industries Limited, with the Corporate Identification Number (CIN) L52100MH1987PLC045248, is headquartered at C-205, Synthofine Industrial Estate, Behind Virwani Industrial Estate, Goregaon (East), Mumbai–400063, India.

This strategic appointment is expected to strengthen Olympia Industries' corporate governance and compliance framework, leveraging Ms. Patthey's comprehensive knowledge and experience in the field.