A meeting of the Board of Directors of OM Metalogic Limited was held on Saturday, November 14, 2026, commencing at 21:00 P.M. and concluding at 21:50 P.M.

1. Approval of Standalone Unaudited Financial Results

The Board considered and approved the Standalone Unaudited Financial Results of the Company for the half year ended September 30, 2026, along with the Limited Review Report submitted by the Statutory Auditors, N. K. Mittal & Associates.

The Limited Review Report, issued by CA (Dr.) N. K. Mittal, stated that based on their review, nothing has come to their attention that causes them to believe that the accompanying statement of unaudited standalone financial results prepared in accordance with applicable accounting standards has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (LODR) Regulations, 2015, or that it contains any material misstatement.

2. Approval of Rights Issue Modalities

In furtherance to the communication dated August 10, 2026, and following the receipt of In-principle approvals from BSE Limited (vide letters No. LOD/RIGHT/SS/FIP/998/2026-27 dated October 23, 2026), the Board approved the detailed terms and conditions for a Rights Issue.

Key Terms of the Rights Issue:

  • Type of securities: Fully paid-up Equity Shares of face value of Rs. 10 each
  • Issue Size: Up to 78,62,279 Rights Equity Shares for an aggregate amount not exceeding Rs. 1651.08 Lakhs (assuming full subscription)
  • Rights Issue Price: Rs. 21.00 per Rights Equity Share (payable in full at application)
  • Record Date: Friday, November 20, 2026 (for determining eligible shareholders)
  • Rights Entitlement Ratio: 1:1 (One fully paid-up equity share for every One fully paid-up equity share held)
  • Issue Opening Date: 1st December, 2026
  • Last Date for Renunciation of Rights Entitlements: 23rd December, 2026
  • Issue Closing Date: 30th December, 2026
  • Outstanding Shares: 78,62,279 (Pre-Issue); 1,57,24,558 (Post-Issue, assuming full subscription)

The Board also approved and adopted the Letter of Offer and authorized the Right Issue committee to decide any other matter related to the proposed Right Issue.

Concept of Rights Entitlement:

Rights Entitlements (REs) will be credited to the demat accounts of eligible shareholders prior to the issue opening date. RE holders can apply for the Rights Issue or renounce their REs in full or in part through On-Market or Off-Market Renunciation. REs will lapse if no application is made by the Issue Closing Date.

Unaudited Standalone Financial Results for H1 FY27 (30.09.2026)

Profit & Loss Statement (₹ Lakhs):

  • Revenue from operations: ₹8535.31
  • Other Income: ₹17.00
  • Total Revenue: ₹8552.31
  • Total Expenses: ₹8142.06 (including Cost of materials: ₹7754.36, Employee benefits: ₹33.45, Finance costs: ₹15.19, Depreciation: ₹29.94, Other expenses: ₹310.99)
  • Profit before tax: ₹410.27
  • Total tax expenses: ₹108.11 (Provision for current tax: ₹103.26; Deferred tax: ₹4.85)
  • Net Profit after tax: ₹302.16
  • Paid-up equity share capital: ₹786.23 (Face value Rs. 10 each)
  • Earnings Per Share (Basic & Diluted): ₹3.84

Balance Sheet (₹ Lakhs) as at 30.09.2026:

  • Total Equity and Liabilities: ₹5776.66
  • Shareholder's Funds: ₹4021.30 (Share Capital: ₹786.23; Reserves & Surplus: ₹3235.07)
  • Non-current liabilities: ₹262.77 (Long Term Borrowings: ₹260.65; Deferred Tax Liabilities: ₹1.35; Other long term liabilities: ₹0.77)
  • Current liabilities: ₹1492.59 (Short Term Borrowings: ₹283.35; Trade Payables: ₹378.03; Other current liabilities: ₹319.99; Short Term Provisions: ₹511.22)
  • Total Assets: ₹5776.66
  • Non-Current Assets: ₹347.20 (Property, Plant & Equipment: ₹302.78; Long Term Loans & Advances: ₹44.42)
  • Current Assets: ₹5469.46 (Inventories: ₹3945.36; Trade Receivables: ₹1069.86; Cash & Bank Balances: ₹112.93; Short Term Loans & Advances: ₹341.31)

Cash Flow Statement (₹ Lakhs) for H1 ended 30.09.2026:

  • Net Cash from Operating Activities: ₹40.79
  • Net Cash used in Investing Activities: ₹-125.33 (Purchase of Fixed Assets)
  • Net Cash from Financing Activities: ₹104.13 (Increase in Borrowings: ₹119.29; Interest paid: ₹-15.16)
  • Net Increase in Cash: ₹19.59
  • Closing Cash Balance: ₹112.93

Notes to Accounts:

1. The financial results were reviewed by the Audit Committee and approved by the Board on November 14, 2026.

2. The company is exempt from adopting IND-AS as it is listed on an SME exchange.

3. The company operates in one segment: Manufacturing of Aluminium Alloys Ingots.

4. The unaudited financial results will be uploaded on the company's website (ommetallogic.com) and on the BSE website.