Share extinguishment & 50L new shares on agenda; new CFO, CS appointed

Omkar Speciality Chemicals, in CIRP since Dec 2022, has called a Monitoring Committee meeting on April 15, 2026. The committee will fix a record date to extinguish all existing equity shares of promoters and public shareholders per the approved Resolution Plan, approve issuance of 50 lakh fresh equity shares at INR 10 par (INR 5 crore total) via private placement, sanction a loan, and appoint a new CFO (Mahendra Kumar Jain) and Company Secretary (Kuldeep Menaria).