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Omkar Speciality Chemicals Limited announced a Broad Step Plan under its NCLT-approved Resolution Plan. Key actions include reducing the entire existing share capital to zero, issuing fresh equity to the Resolution Applicant, and conducting a 5% Offer for Sale to achieve Minimum Public Shareholding compliance.
Omkar Speciality Chemicals Limited has appointed Mahendra Jain as Chief Financial Officer and Kuldeep Manaria as Company Secretary and Compliance Officer, effective April 15, 2026. Mr. Jain brings over 46 years of manufacturing experience, while Mr. Manaria has 6 years of expertise in corporate secretarial and legal compliances.
Omkar Speciality Chemicals Limited has scheduled the 4th meeting of its Monitoring Committee for April 15, 2026. The meeting will discuss 'other business' matters. Investors should note this as part of the company's ongoing governance and monitoring process.
Omkar Speciality Chemicals' Monitoring Committee will meet on April 15, 2026, to determine the record date for share cancellation and approve a ₹5 Crore private placement. The meeting will also consider the appointment of a new CFO and Company Secretary as part of its resolution plan.