With regard to the captioned matter and in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") ....
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The Board of Directors of Olympic Oil Industries Ltd met on August 14, 2025 and approved two items. First, it took on record the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025) along with the limited review report from statutory auditors Bhatter & Associates. Second, it noted the resignation of Ms. Mansi Bajpai as Company Secretary and Compliance Officer effective September 1, 2025, citing personal reasons. The company continues to post losses, with revenue falling to Rs 0.79 lakh in Q1 FY26 from Rs 1.01 lakh in Q1 FY25, while net loss widened to Rs 7.94 lakh from Rs 6.87 lakh. Basic loss per share stood at Rs 0.28 versus Rs 0.24 in the year-ago quarter. Total expenses rose to Rs 7.14 lakh from Rs 5.87 lakh. The company reported an Other Comprehensive Income of Rs 13.06 lakh, leading to a total comprehensive income swing for the period.
Weak operating performance continues with shrinking revenue and widening losses, which is mildly negative for shareholder sentiment. The CS resignation is a routine key managerial personnel change and unlikely to materially affect the stock, though it may raise minor governance questions until a replacement is appointed.