Omkar Speciality Chemicals
6.97
-0.06(-0.85%)
Market Cap₹14.50 Cr
PE Ratio-
IndustryChemicals
Company Performance:
1D-0.85%
1M+28.84%
6M-5.30%
1Y-35.76%
5Y-11.77%
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Latest news about Omkar Speciality Chemicals
Omkar Speciality Chemicals' Monitoring Committee Holds Inaugural Meeting Post-NCLT Approval 5 days ago
Omkar Speciality Chemicals Limited (OSCL) held the first meeting of its Monitoring Committee on August 13, marking a crucial step in its corporate restructuring process. The committee, formed after NCLT's approval of the company's resolution plan, appointed Ajit Kumar as Chairman. Key discussions included regulatory compliance, financial considerations, CIRP cost analysis, and insurance claims. This development follows OSCL's admission into CIRP on December 5, 2022, and represents a significant move towards implementing the approved resolution plan and restoring financial stability.