Omkar Speciality Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve Intimation of the ....
Awaiting price reaction for this filing.
Omkar Speciality Chemicals Limited, admitted into Corporate Insolvency Resolution Process (CIRP) since December 2022, has scheduled a Monitoring Committee meeting on May 27, 2026. The meeting will consider unaudited financial statements for three quarters (Q1, Q2, Q3 of FY 2025-26), constitution of Audit Committee and Stakeholder Relationship Committee, appointment of Independent Director Mr. Ruhini Kumar Chakraborty, appointment of CEO Mr. Dipak Kumar Shaw, appointment of statutory auditors to fill a casual vacancy, and opening a new ICICI Bank account. The meeting will also discuss CIRP costs and refund of Performance Bank Guarantee (PBG).
The company remains under insolvency proceedings with the Monitoring Committee (erstwhile Resolution Professional) overseeing operations. Shareholders should note that equity holders typically receive recovery only after all creditors are fully paid in insolvency cases.