Olympic Cards Limited Schedules Board Meeting on February 12, 2026 for Q3FY26 Financial Results Review

1 min read     Updated on 03 Feb 2026, 10:25 PM
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Reviewed by
Suketu GScanX News Team
Overview

Olympic Cards Limited has scheduled a board meeting for February 12, 2026, to consider and approve unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The meeting will be held at the company's Chennai registered office in compliance with SEBI regulations. A trading window closure is in effect for directors and designated employees from January 01, 2026, until two trading days after results declaration, ensuring adherence to insider trading prevention norms.

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*this image is generated using AI for illustrative purposes only.

Olympic Cards Limited has announced that its board of directors will convene on February 12, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting is scheduled in compliance with SEBI regulations governing listed companies' disclosure requirements.

Meeting Details and Regulatory Compliance

The board meeting will take place at the company's registered office located at No. 195, N.S.C. Bose Road, Chennai-600 001. The primary agenda includes consideration, approval, and recording of the unaudited financial results for both the quarter and nine months ended December 31, 2025.

Meeting Parameter: Details
Date: February 12, 2026
Venue: Registered Office, Chennai
Purpose: Q3FY26 Unaudited Financial Results
Regulation: SEBI LODR 29(1)(a) and 33

Publication and Disclosure Requirements

Following the board's approval, Olympic Cards Limited will publish the unaudited financial results in designated newspapers to ensure public disclosure. The company has identified two publications for this purpose:

  • Business Standard (English)
  • Makal Kural (Tamil)

This dual-language publication approach ensures compliance with regulatory requirements while reaching both English and Tamil-speaking stakeholders in the company's operational regions.

Trading Window Restrictions

In accordance with insider trading prevention regulations, Olympic Cards Limited has implemented a trading window closure affecting company directors and designated employees. The restriction period commenced on January 01, 2026, and will continue until the end of the second trading day following the declaration of financial results for the quarter and nine months ended December 31, 2025.

This measure aligns with the company's Code of Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, ensuring fair market practices and preventing any potential misuse of unpublished price-sensitive information.

Company Background

Olympic Cards Limited, established in 1962, operates as a manufacturer of various printing and stationery products. The company's product portfolio includes wedding cards, greeting cards, business cards, office stationery, notebooks, diaries, calendars, and disposable paper products. With its registered office in Chennai and additional locations in Parrys, Kodambakkam, and Coimbatore, the company serves customers across Tamil Nadu and beyond.

Historical Stock Returns for Olympic Cards

1 Day5 Days1 Month6 Months1 Year5 Years
-3.24%+1.36%+1.70%+6.79%-14.57%-17.63%

Olympic Cards Limited Discloses Default on HDFC Bank Term Loan Payment Worth Rs. 0.1517 Crore

1 min read     Updated on 31 Jan 2026, 10:44 PM
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Reviewed by
Ashish TScanX News Team
Overview

Olympic Cards Limited disclosed a default on its HDFC Bank term loan payment worth Rs. 0.1517 crore as of December 31, 2025, comprising Rs. 0.1193 crore principal and Rs. 0.0324 crore interest. The original loan was for Rs. 15.5 crore with 120-month tenure at 11.05% interest rate, with current HDFC Bank outstanding at Rs. 4.22 crore. The company's total financial indebtedness stood at Rs. 12.23 crore as of September 30, 2025, with total bank borrowings of Rs. 9.28 crore.

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*this image is generated using AI for illustrative purposes only.

Olympic Cards Limited has disclosed a default on its term loan payment to HDFC Bank Ltd, marking a significant development for the Chennai-based wedding cards and stationery manufacturer. The company filed the mandatory disclosure with the Bombay Stock Exchange on January 30, 2026, regarding the payment default that occurred on December 31, 2025.

Default Details and Financial Impact

The total default amount stands at Rs. 0.1517 crore, breaking down into specific components that highlight the company's payment challenges.

Component: Amount (Rs. Crore)
Principal: 0.1193
Interest: 0.0324
Total Default: 0.1517

Loan Facility Specifications

The defaulted payment relates to a substantial term loan facility that Olympic Cards had secured from HDFC Bank Ltd under specific terms and conditions.

Parameter: Details
Original Loan Amount: Rs. 15.5 crore
Tenure: 120 months
Interest Rate: 11.05%
Security: Secured
Current Outstanding with HDFC Bank: Rs. 4.22 crore

Overall Debt Position

The disclosure provides insight into Olympic Cards' broader financial obligations and debt structure. The company's total outstanding borrowings from banks and financial institutions amount to Rs. 9.28 crore. As of September 30, 2025, the company's total financial indebtedness, including both short-term and long-term debt, stood at Rs. 12.23 crore.

Company Background

Olympic Cards Limited, incorporated in 1992 with CIN L65993TN1992PLC022521, operates from its registered office at 195, N.S.C. Bose Road, Chennai. The company has been in the wedding cards business for over 50 years, manufacturing a diverse range of products including wedding cards, greeting cards, business cards, office stationery, notebooks, diaries, calendars, and various printing materials. The company trades on BSE under script code 534190.

Regulatory Compliance

The disclosure was made in accordance with regulatory requirements mandating listed entities to inform stock exchanges about defaults on payment of interest or repayment of principal amounts on loans from banks and financial institutions. This transparency measure ensures that investors and stakeholders remain informed about material developments affecting the company's financial standing.

Historical Stock Returns for Olympic Cards

1 Day5 Days1 Month6 Months1 Year5 Years
-3.24%+1.36%+1.70%+6.79%-14.57%-17.63%

More News on Olympic Cards

1 Year Returns:-14.57%