Oil Country Tubular Share Price Today

Kamineni Hospitals acquires 9.30% stake in Oil Country Tubular

Kamineni Hospitals acquired 9.30% stake in Oil Country Tubular Ltd. Transaction valued at ₹31.35 crore via debt settlement with USAIPL. Share price of ₹60 exceeds 60-day VWAP of ₹59.27 by minor margin. Promoter group ownership consolidated among five family members.

Kamineni Hospitals acquires 9.3% stake in Oil Country Tubular for ₹31.35 crore

Kamineni Hospitals acquires 9.30% stake in Oil Country Tubular for ₹31.35 crore. Deal settles part of ₹36.30 crore debt owed by seller United Steel Allied Industries. Acquisition price of ₹60.00 per share is 1.23% above 60-day VWAP of ₹59.269. Seller's holding drops from 38.17% to 28.87% post-transaction. Both entities are controlled by the same five-family member promoter group.

Oil Country Tubular shareholders approve FY26 accounts, director reappointments

Oil Country Tubular Limited held its 40th AGM on August 12, 2026, where shareholders approved the FY26 audited financial statements and governance changes. Key outcomes include the reappointment of Paruchuri Dheeraj Chowdary as Whole-Time Director and Shri Puja Kamineni as Non-Executive Director. The promoter group voted unanimously in favor of all resolutions, with public shareholders also showing strong support.

Oil Country Tubular corrects Q1FY27 segment and pre-tax loss figures

Oil Country Tubular Limited issued a corrigendum for its Q1FY27 standalone results, correcting significant typographical errors in segment and pre-tax figures. The segment result was revised from a profit of ₹2,824.19 lakh to a loss of ₹1,547.81 lakh, and pre-tax profit from ₹2,847.64 lakh to a loss of ₹1,524.36 lakh. Revenue declined 29% YoY to ₹1,743.64 lakh, while high depreciation costs drove the net loss to ₹1,510.64 lakh despite positive EBITDA of ₹150.76 lakh.

Oil Country Tubular schedules 40th AGM on Aug 12, 2026

Oil Country Tubular Limited announced its 40th AGM for August 12, 2026, via video conferencing, with remote e-voting from August 9 to 11. The company reported a net loss of ₹4,640.85 lakh for FY26.

Oil Country Tubular to hold 40th AGM on August 12

Oil Country Tubular Limited will hold its 40th Annual General Meeting on August 12, 2026, via Video Conferencing. The Notice and Annual Report for FY 2025-26 will be sent electronically. Remote e-voting is available from August 3 to 5, 2026.