Oil Country Tubular Ltd
⚠️ Oil Country Tubular Under SEBI Scanner - Receives Show Cause Notice Over Compliance Issues
- SEBI issued a Show Cause Notice (SCN) to Oil Country Tubular on June 03, 2026.
- Alleged violations include non-disclosure of ICD Agreement and Addendum Agreements under Regulation 30.
- Failed to obtain prior shareholder approval for certain material related party transactions (Regulation 23(4)).
- Audit Committee, Board, and shareholder approvals missing for Second Addendum Agreement.
- No monetary penalty specified in SCN; financial impact currently unascertainable.