Orosil Smiths India Ltd (531626)

Orosil Smiths India Limited has announced the approval of its standalone unaudited financial results for the second quarter and half year ended September 30, 2026. The meeting commenced at 04:00 PM and concluded at 05:20 PM on November 12, 2026. However, detailed numeric tables for Q2 revenue and profit figures were not provided in the cover extract. Investors should refer to the complete Annexure-1 filing to assess performance against recent historical quarters.

• Board meeting held on November 12, 2026, from 04:00 PM to 05:20 PM
• Approved standalone unaudited financial results for Q2 and half year ended September 30, 2026
• Limited Review Report of the Statutory Auditors enclosed as Annexure-1
• Detailed P&L figures for Q2 FY27 not disclosed in the text extract

Orosil Smiths India has announced the appointment of M/s Prachi Bansal & Associates as its Secretarial Auditor following shareholder approval at the AGM held on September 25, 2026. The appointment is for a tenure of five consecutive years pursuant to Regulation 24A of SEBI LODR Regulations and the Companies Act, 2013. The AGM commenced at 09:30 AM and concluded at 10:10 AM. This is a routine statutory compliance update with zero direct financial impact on the company's ₹28 Cr market cap.

• Appointment approved at the AGM held on September 25, 2026
• Appointed M/s Prachi Bansal & Associates for a term of 5 consecutive years
• Auditor membership details: M. No. 43355 and COP No. 23670
• AGM duration was 40 minutes (09:30 AM to 10:10 AM)

Orosil Smiths India Limited announced that shareholders approved the appointment of Mr. Nikhil Jain as a Non-Executive Independent Director at the Annual General Meeting held on September 25, 2026. The appointment is for a tenure of five years effective September 25, 2026. Mr. Jain has operational and merchandising experience and is confirmed not to be related to any existing board members or debarred by SEBI. The small-cap company operates with a market cap of Rs 28 Cr and recorded FY26 revenue of Rs 3 Cr.

• Appointment of Mr. Nikhil Jain approved as Non-Executive Independent Director for a 5-year tenure
• Appointment took effect at the AGM held on September 25, 2026 (commenced at 09:30 AM, concluded at 10:10 AM)
• Confirmation that the appointee is not related to any existing Director and has no SEBI debarment
• Company trades at a market cap of approximately Rs 28 Cr against FY26 revenue of Rs 3 Cr

Orosil Smiths India has submitted its Annual Report for FY 2025-26 and scheduled its 32nd Annual General Meeting (AGM) for Friday, September 25, 2026. Key special resolutions include the appointment of Mr. Nikhil Jain as an Independent Director for a 5-year term and expanding Section 186 limits for loans, investments, and guarantees up to approximately ₹19.00 crore. The remote e-voting period runs from September 22, 2026, to September 24, 2026, with a cut-off date of September 17, 2026.

• 32nd AGM scheduled to be held on Friday, September 25, 2026 at 09:30 AM IST in New Delhi.
• Shareholder approval sought to enhance Section 186 investment and loan limits up to approximately ₹19.00 crore.
• Proposed appointment of Mr. Nikhil Jain as Non-Executive Independent Director for a 5-year tenure up to September 24, 2031.
• Remote e-voting window opens September 22, 2026 (09:00 AM IST) and closes September 24, 2026 (05:00 PM IST).

Orosil Smiths India has issued the notice for its 32nd Annual General Meeting scheduled for September 25, 2026. Key special business items include shareholder approval to expand limits under Section 186 of the Companies Act for investments, loans, and guarantees by approximately Rs 19.00 crore. The company is also proposing the appointment of Mr. Nikhil Jain as an Independent Director for a five-year term ending in September 2031. The cut-off date for remote e-voting is set for September 17, 2026.

• 32nd Annual General Meeting scheduled for Friday, September 25, 2026 at 09:30 AM IST in New Delhi.
• Seeking shareholder approval for enhanced Section 186 investment/loan/guarantee headroom of approximately Rs 19.00 crore (76% of Rs 25 Cr net worth).
• Remote e-voting window open from September 22, 2026 (09:00 AM IST) to September 24, 2026 (05:00 PM IST) with cut-off date on September 17, 2026.
• Proposed appointment of Mr. Nikhil Jain as Non-Executive Independent Director for a 5-year term ending September 24, 2031.

Orosil Smiths India Ltd has announced the resignation of Mr. Chandar Prakash from the post of Chief Financial Officer (CFO) and Key Managerial Personnel. The resignation will take effect from the close of business hours on August 31, 2026 (effective September 01, 2026). The reason cited is to pursue other opportunities, with confirmation that there are no other material reasons. The micro-cap jewellery player currently has a market cap of Rs 27 Cr and TTM revenue of Rs 3 Cr.

• CFO Mr. Chandar Prakash tendered resignation effective close of business on August 31, 2026 (from September 01, 2026)
• Board meeting to note the resignation commenced at 03:00 P.M. and concluded at 04:00 P.M. on August 22, 2026
• Confirmed reason for resignation is to pursue other opportunities, with no other material reasons stated
• The outgoing CFO holds nil (None) shares in the company

Orosil Smiths India Limited has submitted a regulatory disclosure to the exchange under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing pertains to a shareholding disclosure for B K Narula HUF. As of March 2026, promoter holding in the company stood at 60.02%. Detailed transaction quantum and post-transaction shareholding figures were not detailed in the cover letter.

• SEBI SAST Regulation 29(2) disclosure received for B K Narula HUF
• Filing submitted to BSE on August 21, 2026
• Company market capitalization stands at approximately Rs 27 Cr
• Promoter shareholding was recorded at 60.02% as of the March 2026 quarter

Orosil Smiths India has approved its Q1 FY27 financial results and scheduled its 32nd Annual General Meeting (AGM) for September 25, 2026. A significant agenda item for the AGM is the recommendation to increase limits for loans and investments under Section 186 of the Companies Act, 2013. This is notable given the company's small scale, with TTM revenue of just Rs 3 Cr against a net worth of Rs 25 Cr. The board also recommended the appointment of Mr. Nikhil Jain as a Non-Executive Independent Director.

• 32nd Annual General Meeting scheduled for September 25, 2026, in New Delhi.
• Proposal to increase limits for inter-corporate loans and investments under Section 186.
• Book closure period for the AGM set from September 18 to September 25, 2026.
• Remote e-voting period to commence on September 22 and conclude on September 24, 2026.
• Recommendation to appoint Mr. Nikhil Jain as an Independent Director at the upcoming AGM.

Orosil Smiths India held a board meeting on August 10, 2026, to approve the standalone unaudited financial results for the quarter ended June 30, 2026. The board recommended the appointment of Mr. Nikhil Jain as a Non-Executive Independent Director and proposed an increase in investment and loan limits under Section 186 of the Companies Act. The 32nd Annual General Meeting (AGM) is scheduled for September 25, 2026. With a small market cap of ₹26 Cr and a net worth of ₹25 Cr, the proposed increase in investment limits is a key development to monitor.

• 32nd Annual General Meeting scheduled for September 25, 2026, at 09:30 A.M. in New Delhi.
• Proposal to increase limits for loans and investments under Section 186 of the Companies Act, 2013.
• Recommendation to appoint Mr. Nikhil Jain as a Non-Executive Independent Director effective from the AGM date.
• Book closure period for the AGM set from September 18, 2026, to September 25, 2026.
• Cut-off date for determining member voting rights established as September 17, 2026.

Orosil Smiths India Ltd has scheduled a board meeting for August 10, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The board will also finalize the details for the 32nd Annual General Meeting (AGM), including the date, notice, and book closure periods. This is a routine regulatory filing required under SEBI LODR regulations. Investors should note the company's extremely low TTM P/E of 1.2, which is driven by a significant one-time profit of ₹23 Cr reported in March 2026 despite low revenue.

• Board meeting scheduled for August 10, 2026, to approve Q1 FY27 results
• 32nd Annual General Meeting (AGM) to be convened on or before September 30, 2026
• Board to fix the date for closure of Register of Members and Share Transfer Books
• Company reported a TTM PAT of ₹23 Cr against a TTM revenue of only ₹3 Cr