Noting of the resignation of Compliance officer of the company w.e.f September 1st , 2025.
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Olympic Oil Industries has informed BSE that Ms. Mansi Bajpai, the Company Secretary and Compliance Officer, has resigned from her position effective September 1, 2025, citing personal reasons. She is classified as a Key Managerial Personnel (KMP) of the company. The board noted her resignation at its meeting held on August 14, 2025, the same meeting where it also approved the unaudited Q1 FY26 financial results. The quarterly results show the company posted a loss of Rs 7.94 lakhs for Q1 FY26, almost flat compared to a Rs 7.83 lakh loss in Q1 FY25, with no revenue from operations, indicating the company remains operationally inactive. The limited review was conducted by Bhatter & Associates, Chartered Accountants, with no qualifications.
For retail investors, this is a routine KMP-level exit due to personal reasons with no governance red flags, but shareholders should watch whether a replacement is appointed promptly since the Company Secretary/Compliance Officer role is critical for regulatory filings and shareholder communication.