Oil Country Tubular logo

Oil Country Tubular MD, chairman, board of directors and AGM

NSE: OILCOUNTUBBSE: 500313OilSmall Cap

Last close ₹73.04down ₹1.49 (2.00%)BSE ₹73.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹74.53.

52-week range of traded prices to 23 Oct 2026
₹35.65Low, 16 Mar 2026₹87.97High, 12 Oct 2026
Market cap
₹380 Cr2,198th largest listed
P/E
Earlier quarters restated in the year
P/B
1.9
Dividend yield
Nonein the last 12 months
ROCE
−32.4%
Debt to equity
0.13
Volume, NSE
5,663

Oil Country Tubular board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorK.Suryanarayana
  • Company Secretary and Compliance OfficerSuryawanshi Vaibhav Suryakant

9 directors5 independent2 executive2 non-executive

  • K.Suryanarayana · Chairperson and managing directorExecutive · joined Aug 1985 · reappointed Sep 2025 · 1 listed board
  • Sunil TandonIndependent · joined Oct 2022 · reappointed Oct 2022 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Uma Kumari KamalapuriIndependent · joined Jul 2024 · reappointed Jul 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Siva Ram Prasad MoturuIndependent · joined Jul 2024 · reappointed Jul 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Tatineni YoganandIndependent · joined Jul 2024 · reappointed Jul 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Venkatesh Vasant Rao ParlikarIndependent · joined Jul 2024 · reappointed Jul 2024 · 60 months as independent · 1 listed board · 1 as independent
  • Shri Puja KamineniNon-executive · joined Jun 2025 · reappointed Jun 2025 · 1 listed board
  • Paruchuri Dheeraj ChowdaryExecutive · joined Jun 2025 · reappointed Jun 2026 · 1 listed board
  • Shashidhar KamineniNon-executive · joined Aug 2025 · reappointed Aug 2025 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 18 Jun 20269 of 9 present5 independent · 27 days in between
    • 21 May 20268 of 9 present4 independent · 41 days in between
    • 9 Apr 20269 of 9 present5 independent · 55 days in between
    • 12 Feb 20269 of 9 present5 independent

  • Audit Committee

    Chair Sunil Tandon

    Siva Ram Prasad Moturu, Tatineni Yoganand

    • 18 Jun 20263 of 3 present3 independent · 27 days in between
    • 21 May 20262 of 3 present2 independent · 41 days in between
    • 9 Apr 20263 of 3 present3 independent · 55 days in between
    • 12 Feb 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair Tatineni Yoganand

    Uma Kumari Kamalapuri, Sunil Tandon

    • 21 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Uma Kumari Kamalapuri

    Tatineni Yoganand, Sunil Tandon

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Siva Ram Prasad Moturu

    Tatineni Yoganand, Sunil Tandon

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • CKS ASSOCIATES LLPPeer-review certificate valid to Aug 2027
2 earlier auditors
  • CKS ASSOCIATES LLP, CHARTERED ACCOUNTANTSNamed in the filing for the quarter to Sep 2025
  • CKS ASSOCIATESNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Oil Country Tubular AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Oil Country Tubular dividend history

Annual general meeting, 12 Aug 2026

30,642 shareholders on the register on 5 Aug 2026; present: 9 promoters and 76 others; votes counted by Manjula Aleti / Manjula Aleti & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet, Profit and Loss Account and Cash Flow Statement for the financial year ended 31st March, 2026, together with the Directors Report and Auditors Report thereonMoreLess
    Ordinary
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.37%

    Turnout: all 53.34% · promoters 83.18% · institutions 0.00% · other public 26.69%

  2. To appoint a director in place of Mr. Paruchuri Dheeraj Chowdary (DIN: 09341915), who retires by rotation as a director and offers himself for re-appointment
    Ordinary
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.37%

    Turnout: all 53.34% · promoters 83.18% · institutions 0.00% · other public 26.69%

  3. To appoint a director in place of Mrs. Shri Puja Kamineni (DIN: 06818438), who retires by rotation as a director and offers herself for re-appointment.
    Ordinary
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.37%

    Turnout: all 52.38% · promoters 81.15% · institutions 0.00% · other public 26.69%

  4. Re-designation of Mr. Paruchuri Dheeraj Chowdary (DIN: 09341915) from Non-Executive and Non-Independent Director to Whole-Time Director of the Company and Approval of Remuneration.
    Special
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.37%

    Turnout: all 53.34% · promoters 83.18% · institutions 0.00% · other public 26.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 10 Sep 2025, 8 resolutions

29,590 shareholders on the register on 3 Sep 2025; present: 10 promoters and 76 others; votes counted by Manjula Aleti / Manjula Aleti & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet of the Company as at 31st March, 2025 and Audited Profit and Loss Account and Cash Flow Statement for the year ended 31st March, 2025 together with Director’s Report and Auditor’s Report thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

  2. To appoint a Director in place of Shri. K. Suryanarayana (DIN:00078950) Director who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

  3. Re-appointment of Shri. K. Suryanarayana (DIN:00078950) as Chairman and Managing Director
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

  4. Appointment of Mrs. Shri Puja Kamineni (DIN: 06818438) as a Director in The Category of Non-Executive Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

  5. Appointment of MR. Paruchuri Dheeraj Chowdary (DIN: 09341915) as a Director in the Category of Non-Executive Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

  6. Appointment of Mr. Shashidhar Kamineni (DIN:00332223) as a Director in The Category Of Non-Executive Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

  7. TO Appoint MS. Manjula Aleti Practicing Company Secretary (M.NO:F10380), AS Secretarial Auditor Of The Company to Conduct the Secretarial Audit for a Period Consecutive Financial Years I.E., from 2025-26 TO 2029-30MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

  8. Ratification of Remuneration to Cost Auditors for The Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.74% · promoters 87.16% · institutions 0.00% · other public 16.94%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 11 Dec 2024, 4 resolutions

Present: 4 promoters and 63 others.The company's voting result (opens in a new tab)

  1. RECLASSIFICATION OF AUTHORIZED SHARE CAPITAL AND CONSEQUENT ALTERATION OF MEMORANDUM AND ARTICLES OF ASSOCIATION
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.68% · promoters 84.71% · institutions 0.00% · other public 17.75%

  2. ALTERATION OF ARTICLES OF ASSOCIATION TO INCLUDE ISSUANCE OF PREFERENCE SHARES
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.68% · promoters 84.71% · institutions 0.00% · other public 17.75%

  3. CONVERSION OF OUTSTANDING LOANS INTO ZERO COUPON OPTIONALLY CONVERTIBLE NON- CUMULATIVE PREFERENCE SHARES (¿OCPS¿)
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.68% · promoters 84.71% · institutions 0.00% · other public 17.75%

  4. ISSUANCE OF UPTO 1,38,46,154 ZERO COUPON OPTIONALLY CONVERTIBLE NON- CUMULATIVE PREFERENCE SHARES
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.68% · promoters 84.71% · institutions 0.00% · other public 17.75%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 6 resolutions

Present: 16 promoters and 72 others.The company's voting result (opens in a new tab)

  1. i) To receive, consider and adopt the Audited Profit and Loss Account for the year ended 31st March, 2024, Audited Balance Sheet and the Audited Cash Flow Statement as at that date together with Director’s Report and Auditor’s Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 46.63% · promoters 84.71% · institutions 0.00% · other public 9.75%

  2. ii) Re-Designation of Shri K.Suryanarayana (DIN: 00078950) Executive Chairman as Chairman & Managing Director.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 46.63% · promoters 84.71% · institutions 0.00% · other public 9.75%

  3. iii) Appointment of Mrs.Uma Kumari Kamalapuri (Din: 10671999) As A Director In The Category Of Non-Executive Independent Women Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 46.63% · promoters 84.71% · institutions 0.00% · other public 9.75%

  4. iv) Appointment of Mr.Moturu Siva Ram Prasad (Din: 00227705) As A Director In The Category Of Non-Executive Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 46.63% · promoters 84.71% · institutions 0.00% · other public 9.75%

  5. v) Appointment of Mr.Tatineni Yoganand (Din: 07593253) As A Director In The Category Of Non-Executive Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 46.63% · promoters 84.71% · institutions 0.00% · other public 9.75%

  6. vi) Appointment of Mr.Venkatesh Vasant Rao Parlikar (Din: 10715610) As A Director In The Category Of Non-Executive Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 46.63% · promoters 84.71% · institutions 0.00% · other public 9.75%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 13 Jul 2023, 7 resolutions

Present: 11 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Profit and Loss Account for the year ended 31st March, 2023, Audited Balance Sheet and the Audited Cash Flow Statement as at that date together with Director’s Report and Auditor’s Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 52.61% · promoters 94.44% · institutions 0.00% · other public 12.10%

  2. Appointment of Mr. Sunil Tandon (DIN: 00874257) as Director (Non-Executive & Independent)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 52.61% · promoters 94.44% · institutions 0.00% · other public 12.10%

  3. Appointment of Mrs. Uma Tiruveedula (DIN:09754712) as Director (Non-Executive & Independent Woman Director)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 52.60% · promoters 94.44% · institutions 0.00% · other public 12.08%

  4. Appointment of Mr. Kunaparaju Vijayarama Raju (DIN: 07868050) as Director (Non- executive Independent)
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 54.09% · promoters 100.00% · institutions 0.00% · other public 12.10%

  5. Appointment of Mr. Dinakar Vemulapalli (DIN: 00946199) as Director (Non-Executive)
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 52.61% · promoters 94.44% · institutions 0.00% · other public 12.10%

  6. Re-appointment of Shri K. Suryanarayana as Executive Chairman (whole Time Director)
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 52.61% · promoters 94.44% · institutions 0.00% · other public 12.10%

  7. Voluntary Delisting of Company’s Equity Shares From BSE Limited (Bombay Stock Exchange)
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 52.61% · promoters 94.44% · institutions 0.00% · other public 12.09%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2022, 2 resolutions

Present: 19 promoters and 16 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Profit and Loss Account for the year ended 31st March, 2022 and the Audited Balance Sheet and the Audited Cashflow Statement as at that date
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. Appointment of the Statutory Auditors of the Company and to fix their remuneration
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2021, 2 resolutions

Present: 5 promoters and 43 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Profit and Loss Account for the year ended 31st March 2021 and the Audited Balance Sheet and the Audited Cash Flow Statement as at that date together with Resolution Professionals Report and Auditors Report thereonMoreLess
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.64%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. Appointment of the Statutory Auditors of the Company and to fix their remuneration
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.64%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Dec 2020, 2 resolutions

Present: 15 promoters and 17 others.The company's voting result (opens in a new tab)

  1. To receive consider and adopt the Audited Profit and Loss Account for the year ended 31st March 2020 and the Audited Balance Sheet and the Audited Cash Flow Statement as at that date together with Resolution Professionals Report and Auditors Report thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. To appoint the Statutory Auditors of the Company and to fix their remuneration
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.67%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeDCIT -2 . International Taxation, HyderabadSince 7 Jun 2014
    Demand Raised by DCIT-2 International Tax upon Withholding the Taxes / TDS U/s.with respect to International Transactions for the Assesment Years 2011-12 to 2013-14 against which an appeal has been made before The Commissioner of Income Tax (Appeals), Hyderabad, that has been disposed off on procedural ground without adjudicating the substantive merits. The Company has appealed before the Hon'ble Income Tax Appellate Tribunal, Hyderabad. on the principal ground.MoreLess
    At the filing before: Demand Raised by DCIT-2 International Tax upon Withholding the Taxes / TDS U/s.with respect to International Transactions for the Assesment Years 2011-12 to 2013-14 against which an appeal has been made before The Commissioner of Income Tax (Appeals)-8, Hyderabad.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.