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Orosil Smiths India Ltd (531626)

📊 BSE: 531626 🏢 Gems, Jewellery And Watches 📢 Latest filing: 25 Sep 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Orosil Smiths' revenue was ₹1.0 Cr (-50.0% year on year), and net profit ₹23.0 Cr; the operating margin was 0.0%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹1.0	-50.0%	—
Operating profit	₹0.0	—	—
Net profit	₹23.0	—	—
EPS (₹)	5.50	—	from loss
Operating margin	0.0%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Orosil Smiths India Appoints Prachi Bansal & Associates as Secretarial Auditor for 5 Years

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Sep 2026, 04:59 PM

Orosil Smiths India has announced the appointment of M/s Prachi Bansal & Associates as its Secretarial Auditor following shareholder approval at the AGM held on September 25, 2026. The appointment is for a tenure of five consecutive years pursuant to Regulation 24A of SEBI LODR Regulations and the Companies Act, 2013. The AGM commenced at 09:30 AM and concluded at 10:10 AM. This is a routine statutory compliance update with zero direct financial impact on the company's ₹28 Cr market cap.

Appointment approved at the AGM held on September 25, 2026
Appointed M/s Prachi Bansal & Associates for a term of 5 consecutive years
Auditor membership details: M. No. 43355 and COP No. 23670
AGM duration was 40 minutes (09:30 AM to 10:10 AM)

💡 Track subsequent annual secretarial audit reports for any compliance remarks; no operational or price-sensitive action required.

Orosil Smiths India Appoints Nikhil Jain as Independent Director for 5 Years

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 25 Sep 2026, 04:55 PM

Orosil Smiths India Limited announced that shareholders approved the appointment of Mr. Nikhil Jain as a Non-Executive Independent Director at the Annual General Meeting held on September 25, 2026. The appointment is for a tenure of five years effective September 25, 2026. Mr. Jain has operational and merchandising experience and is confirmed not to be related to any existing board members or debarred by SEBI. The small-cap company operates with a market cap of Rs 28 Cr and recorded FY26 revenue of Rs 3 Cr.

Appointment of Mr. Nikhil Jain approved as Non-Executive Independent Director for a 5-year tenure
Appointment took effect at the AGM held on September 25, 2026 (commenced at 09:30 AM, concluded at 10:10 AM)
Confirmation that the appointee is not related to any existing Director and has no SEBI debarment
Company trades at a market cap of approximately Rs 28 Cr against FY26 revenue of Rs 3 Cr

💡 Monitor upcoming quarterly financial filings to evaluate business operational turnaround and corporate governance stability.

Orosil Smiths India Submits FY26 Annual Report; 32nd AGM Scheduled on Sept 25, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Aug 2026, 05:49 PM

Orosil Smiths India has submitted its Annual Report for FY 2025-26 and scheduled its 32nd Annual General Meeting (AGM) for Friday, September 25, 2026. Key special resolutions include the appointment of Mr. Nikhil Jain as an Independent Director for a 5-year term and expanding Section 186 limits for loans, investments, and guarantees up to approximately ₹19.00 crore. The remote e-voting period runs from September 22, 2026, to September 24, 2026, with a cut-off date of September 17, 2026.

32nd AGM scheduled to be held on Friday, September 25, 2026 at 09:30 AM IST in New Delhi.
Shareholder approval sought to enhance Section 186 investment and loan limits up to approximately ₹19.00 crore.
Proposed appointment of Mr. Nikhil Jain as Non-Executive Independent Director for a 5-year tenure up to September 24, 2031.
Remote e-voting window opens September 22, 2026 (09:00 AM IST) and closes September 24, 2026 (05:00 PM IST).

💡 Shareholders eligible as of the cut-off date (September 17, 2026) may participate in remote e-voting on the proposed resolutions, including the ₹19.00 crore Section 186 authorization.

Orosil Smiths India Convenes 32nd AGM on Sep 25; Seeks Rs 19 Cr Investment/Loan Approval

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Aug 2026, 12:35 PM

Orosil Smiths India has issued the notice for its 32nd Annual General Meeting scheduled for September 25, 2026. Key special business items include shareholder approval to expand limits under Section 186 of the Companies Act for investments, loans, and guarantees by approximately Rs 19.00 crore. The company is also proposing the appointment of Mr. Nikhil Jain as an Independent Director for a five-year term ending in September 2031. The cut-off date for remote e-voting is set for September 17, 2026.

32nd Annual General Meeting scheduled for Friday, September 25, 2026 at 09:30 AM IST in New Delhi.
Seeking shareholder approval for enhanced Section 186 investment/loan/guarantee headroom of approximately Rs 19.00 crore (76% of Rs 25 Cr net worth).
Remote e-voting window open from September 22, 2026 (09:00 AM IST) to September 24, 2026 (05:00 PM IST) with cut-off date on September 17, 2026.
Proposed appointment of Mr. Nikhil Jain as Non-Executive Independent Director for a 5-year term ending September 24, 2031.

💡 Eligible shareholders on record as of September 17, 2026 can participate in e-voting; track subsequent voting outcomes and any specific deployment disclosures regarding the Rs 19 crore Section 186 limit.

Orosil Smiths India CFO Chandar Prakash Resigns Effective August 31, 2026

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 22 Aug 2026, 04:15 PM

Orosil Smiths India Ltd has announced the resignation of Mr. Chandar Prakash from the post of Chief Financial Officer (CFO) and Key Managerial Personnel. The resignation will take effect from the close of business hours on August 31, 2026 (effective September 01, 2026). The reason cited is to pursue other opportunities, with confirmation that there are no other material reasons. The micro-cap jewellery player currently has a market cap of Rs 27 Cr and TTM revenue of Rs 3 Cr.

CFO Mr. Chandar Prakash tendered resignation effective close of business on August 31, 2026 (from September 01, 2026)
Board meeting to note the resignation commenced at 03:00 P.M. and concluded at 04:00 P.M. on August 22, 2026
Confirmed reason for resignation is to pursue other opportunities, with no other material reasons stated
The outgoing CFO holds nil (None) shares in the company

💡 Track subsequent exchange filings for the appointment of a replacement Chief Financial Officer to oversee financial reporting and controls.

Orosil Smiths India CFO Chandar Prakash Resigns Effective August 31, 2026

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 22 Aug 2026, 04:12 PM

Orosil Smiths India Limited announced that its Board of Directors took note of the resignation of Mr. Chandar Prakash from the post of Chief Financial Officer (CFO) and Key Managerial Personnel on August 22, 2026. The resignation is effective from the close of business hours on August 31, 2026 (effective September 01, 2026). The outgoing CFO stated that he is leaving to pursue other opportunities and confirmed there are no other material reasons.

CFO Chandar Prakash resigned to pursue other opportunities, effective close of business August 31, 2026
Confirmation provided that there are no other material reasons for resignation
Board meeting to note the resignation took place on August 22, 2026, from 03:00 PM to 04:00 PM
Outgoing CFO holds nil shares in the company

💡 Track the appointment of a new Chief Financial Officer to ensure continuity in financial reporting and operations.

Orosil Smiths India Submits Shareholding Disclosure Under SEBI SAST Reg 29(2)

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 22 Aug 2026, 10:29 AM

Orosil Smiths India Limited has submitted a regulatory disclosure to the exchange under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing pertains to a shareholding disclosure for B K Narula HUF. As of March 2026, promoter holding in the company stood at 60.02%. Detailed transaction quantum and post-transaction shareholding figures were not detailed in the cover letter.

SEBI SAST Regulation 29(2) disclosure received for B K Narula HUF
Filing submitted to BSE on August 21, 2026
Company market capitalization stands at approximately Rs 27 Cr
Promoter shareholding was recorded at 60.02% as of the March 2026 quarter

💡 Monitor upcoming quarterly shareholding patterns to assess any net changes in promoter/insider stakes.

Orosil Smiths India Schedules 32nd AGM and Proposes Increase in Section 186 Limits

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 10 Aug 2026, 06:02 PM

Orosil Smiths India has approved its Q1 FY27 financial results and scheduled its 32nd Annual General Meeting (AGM) for September 25, 2026. A significant agenda item for the AGM is the recommendation to increase limits for loans and investments under Section 186 of the Companies Act, 2013. This is notable given the company's small scale, with TTM revenue of just Rs 3 Cr against a net worth of Rs 25 Cr. The board also recommended the appointment of Mr. Nikhil Jain as a Non-Executive Independent Director.

32nd Annual General Meeting scheduled for September 25, 2026, in New Delhi.
Proposal to increase limits for inter-corporate loans and investments under Section 186.
Book closure period for the AGM set from September 18 to September 25, 2026.
Remote e-voting period to commence on September 22 and conclude on September 24, 2026.
Recommendation to appoint Mr. Nikhil Jain as an Independent Director at the upcoming AGM.

💡 Investors should review the full Q1 financial tables once published and monitor the AGM proceedings regarding the specific increase in Section 186 limits, which dictates how the company can deploy its capital.

Orosil Smiths India Approves Q1 Results, Proposes Increase in Investment Limits

🟡 NEUTRAL ⭐ 5/10

BOARD_MEETING 📅 10 Aug 2026, 05:56 PM

Orosil Smiths India held a board meeting on August 10, 2026, to approve the standalone unaudited financial results for the quarter ended June 30, 2026. The board recommended the appointment of Mr. Nikhil Jain as a Non-Executive Independent Director and proposed an increase in investment and loan limits under Section 186 of the Companies Act. The 32nd Annual General Meeting (AGM) is scheduled for September 25, 2026. With a small market cap of ₹26 Cr and a net worth of ₹25 Cr, the proposed increase in investment limits is a key development to monitor.

32nd Annual General Meeting scheduled for September 25, 2026, at 09:30 A.M. in New Delhi.
Proposal to increase limits for loans and investments under Section 186 of the Companies Act, 2013.
Recommendation to appoint Mr. Nikhil Jain as a Non-Executive Independent Director effective from the AGM date.
Book closure period for the AGM set from September 18, 2026, to September 25, 2026.
Cut-off date for determining member voting rights established as September 17, 2026.

💡 Investors should review the upcoming AGM notice to understand the specific quantum of the proposed increase in Section 186 limits, as this impacts how the company's ₹25 Cr net worth is deployed.

Board Meeting on August 10, 2026, to Approve Q1 Results and Fix AGM Date

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 30 Jul 2026, 11:09 AM

Orosil Smiths India Ltd has scheduled a board meeting for August 10, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The board will also finalize the details for the 32nd Annual General Meeting (AGM), including the date, notice, and book closure periods. This is a routine regulatory filing required under SEBI LODR regulations. Investors should note the company's extremely low TTM P/E of 1.2, which is driven by a significant one-time profit of ₹23 Cr reported in March 2026 despite low revenue.

Board meeting scheduled for August 10, 2026, to approve Q1 FY27 results
32nd Annual General Meeting (AGM) to be convened on or before September 30, 2026
Board to fix the date for closure of Register of Members and Share Transfer Books
Company reported a TTM PAT of ₹23 Cr against a TTM revenue of only ₹3 Cr

💡 Monitor the Q1 results on August 10 to determine if the high profitability from the previous quarter (₹23 Cr PAT) was a recurring operational success or a one-off non-operating gain.

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