Announced Tue, 7 Jul · 16:17 IST
OCCL: Explains why consolidated results not filed
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OCCLLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹124.60
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After-mkt
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AI summary
OCCL clarified to the exchange why consolidated financial results were not submitted for Q4 FY26. The auditor certified consolidation is not applicable as OCCL holds 49 percent in CleanMax Infinia SPV, with 51 percent held by CleanMax Enviro Energy. Under the shareholders agreement, day-to-day management and policy decisions rest with the promoter, so OCCL lacks significant influence requiring consolidation under Ind AS 28.
Likely market impact
Procedural clarification with no financial impact. Shows OCCL holds minority stakes where it does not exercise control.