ORIENTCERNSEORIENT CERATECH LIMITEDMediumNeutral
Announced Wed, 27 May · 17:40 IST

ORIENT CERATECH LIMITED has informed the Exchange about Change in Company Secretary/Compliance Officer

Kmp ResignedManagement Changes View source PDF

ORIENTCER · price

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▲ 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
-3.4%1-day move
₹42.40
prior close
₹43.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.8-3.6-3.8-5.9-3.4-2.6-5.7-9.2-9.7-9.9-3.1-6.4
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AI summary

The Board meeting held on May 27, 2026 approved audited financial results showing standalone net profit of Rs 1,868.21 Lacs for FY26 (vs Rs 961.49 Lacs in FY25). It also recorded the resignation of Mrs. Seema Sharma as Company Secretary & Compliance Officer (KMP) effective April 7, 2026, who left to pursue better career opportunities. Mr. Krupal Upadhyay (ACS - 50301) has been appointed as the new Company Secretary & Compliance Officer effective June 1, 2026. Other approvals included a 35% dividend recommendation, sale of Thermal Power Station at Porbandar for Rs 3.75 crore, and re-appointment of Mr. Ketan Shrimankar as Independent Director.

Likely market impact

The KMP change at Company Secretary level indicates routine governance transition. The company showed strong financial performance with near doubling of annual net profit, and the sale of non-core power division assets may help focus on core refractory business.