Omkar Speciality Chemicals Limited has informed the Exchange regarding 'Clarificatory intimation with respect to the Monitoring Committee to be held on April 15, 2026'.The Company has informed that- 1. April 15, 2026, will not be the record date, the revised record date shall be fixed in the upcoming Monitoring Committee Meeting to be held on April 15, 2026, and accordingly it will be intimated to the stock exchange vide outcome of the meeting.2. The record date to be fixed in the Monitoring Committee Meeting schedule to be held on April 15, 2026, shall be in compliance with the regulation i.e., with the minimum gap of at least seven working days from the date of the Monitoring Committee Meeting.
Awaiting price reaction for this filing.
Omkar Speciality Chemicals Limited has clarified that April 15, 2026 will not be the record date as previously intimated. The company stated that the revised record date will be fixed during the Monitoring Committee meeting scheduled for April 15, 2026, and the outcome will be separately intimated to the stock exchange. The clarification also notes that any record date fixed will comply with regulations requiring a minimum gap of at least seven working days from the meeting date. The company is currently under Corporate Insolvency Resolution Process (CIRP) since December 5, 2022, with Ajit Kumar serving as the Chairperson of the Monitoring Committee.
This is a procedural clarification within an ongoing insolvency process. The company remains under CIRP, and shareholders should note that the underlying insolvency proceedings continue. Record date changes typically affect corporate actions like dividends or rights issues.