The Company has entered into an Assignment Agreement with M/s Tvisha Corporate Advisors LLP, details of which, are annexed herewith.

Pipan Oils (formerly Omansh Enterprises) reported its Q4 and FY2026 audited standalone financial results showing a net loss of Rs 190 lakhs for Q4 and Rs 206.76 lakhs for the full year, with total income of just Rs 12.17 lakhs. The company has significant accumulated losses of Rs 331.24 lakhs. The Board approved an Assignment Agreement with Tvisha Corporate Advisors LLP to clear old receivables (Rs 148.40 lakhs) and payables (Rs 125.58 lakhs) from the previous management period, resulting in a net balance of Rs 22.82 lakhs. A Farm-In Agreement was also approved to acquire 90% participating interest in the Dipling Cluster oil/gas block from a consortium of four companies for Rs 13.10 crores plus 7.5% revenue share. Additionally, promoter Raconteur Granite Limited (holding 2.85% stake) was approved for reclassification from Promoter to Public category.