National Oxygen Share Price Today

National Oxygen AGM passes asset sales; promoter abstains from vote

National Oxygen shareholders approved asset sales at SIPCOT Perundurai and Pondicherry units. All six resolutions passed, including new MOA/AOA adoption and director reappointment. Promoter group abstained from voting on asset sales; only 0.35% participation recorded. Dividend and bonus issues remain deferred due to reported losses.

National Oxygen Ltd Q1 Results: Net loss widens to ₹2.01 crore on plant shutdown

National Oxygen Ltd posted a Q1FY26 net loss of ₹200.64 lakh, up from ₹187.03 lakh YoY, as revenue fell nearly 60% to ₹304.50 lakh. The results reflect the impact of shutting down its Pondicherry liquid plant due to high operating costs and competition, leaving Industrial Gases as its sole business segment.

National Oxygen seeks approval for asset sales, new MOA at Aug 28 AGM

National Oxygen Limited turns profitable in FY26 due to asset sales and seeks shareholder approval for further disposals and governance updates at its upcoming AGM.

National Oxygen withdraws preferential issue of equity shares

National Oxygen Limited withdrew a proposed preferential issue of 9,50,000 equity shares approved on April 29, 2026, due to a significant decline in market price and reservations from the proposed investor, Saraf Housing Development Private Limited. The Board approved the withdrawal on July 15, 2026, noting the issue price of ₹93.80 per share no longer reflects market conditions. The company stated the withdrawal will not adversely impact its operations and may consider fresh fund-raising in the future.

Promoter Rajesh Kumar Saraf reduces stake in National Oxygen

Promoter Rajesh Kumar Saraf sold 166,678 equity shares in National Oxygen Limited, reducing his holding from 37.11% to 33.80%. The market sales, executed on June 29 and June 30, 2026, were valued at ₹8,399,652.41. The company disclosed this transaction to the stock exchange on July 1, 2026, under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

National Oxygen EGM approves share capital increase

National Oxygen Limited secured shareholder approval during its EGM on May 28, 2026, to increase authorised share capital from Rs.17.10 Crores to Rs.18.10 Crores and issue 9,50,000 equity shares on a preferential basis. Proceeds from the preferential issue will be used for repayment of borrowings, withdrawing earlier objects for working capital and general corporate purposes.