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Incorporated in 1985, Oil Country TubularLtd manufactures Casing, Tubing and DrillPipe
Oil Country Tubular revised Q1 results, changing segment profit of 28.24 Cr to a 15.48 Cr loss and PBT of 28.48 Cr to a 15.24 Cr loss. Additionally, 41.95 lakh equity shares were issued on OCPS conversion, impacting capital structure.
Oil Country Tubular faced fines from BSE and NSE totaling Rs. 11,800 for a one-day delay in filing a Related Party Transactions disclosure. The company notes no significant financial or operational impact beyond the penalty amount.