We herewith submit the newspaper clippings showcasing the extracts of audited financial results for the Quarter and Financial Year ended 31.03.2026
Awaiting price reaction for this filing.
PIPAN OILS LIMITED (formerly Omansh Enterprises Limited) has published its audited financial results for Q4 and FY ended March 31, 2026. The company reported Total Income of Rs.12.17 Lakhs for Q4 and Total Income of Rs.53,575.84 Lakhs for the full year. The company incurred a net loss of Rs.206.76 Lakhs for FY2026 compared to a loss of Rs.19.26 Lakhs in the previous year. The company underwent a Corporate Insolvency Resolution Process (CIRP), with a resolution plan approved by NCLT on February 29, 2024, and new management took control on August 22, 2025. Commercial operations have not yet resumed and are under transition. The Board recommended a final dividend of Rs.3.00 per share. The company also completed a name change from Omansh Enterprises Limited to Pipan Oils Limited. Warrants issued earlier were cancelled after the conversion period expired without exercise.
The company is in a turnaround phase post-CIRP with new management, but remains loss-making and non-operational. Shareholders may see volatility as operations resume and the company repositions in the oils and hydrocarbons sector.