Oriental Trimex Limited

Annual Returns

asof: 2026-09-19

The company operates in a single segment, ‘MARBLE PRODUCT’, and mainly in the ‘FLOORING SEGMENT & STONE ARTICLES’ for the period ended March, 2026. This concentration means the business is exposed to conditions in one product category rather than a diversified set of revenue streams.
The newly acquired firm, Jaydev Granites, has Nil turnover and is yet to commence business operations. The acquisition therefore brings no immediate revenue and requires the company to build operations from the ground up.
The acquisition is being funded through cash subscription money, with a capital contribution of Rs. 51,000 for the 51% stake, indicating an early-stage, small-scale entry into granite and marble mining and extraction.

The company has subscribed to or acquired a 51% stake in Jaydev Granites, a partnership firm incorporated on July 16, 2026, in Odisha, India.
The stated object of incorporating Jaydev Granites is to diversify the company’s business into the granite and marble mining and extraction business. The firm is to engage in manufacturing and trading of all types of granites, marbles, and related activities.
The acquisition is not a related party transaction, and no governmental or regulatory approvals are required for it.
The company is seeking shareholder approval for material related-party transactions with Oriental Buildmat Exports Private Limited (up to Rs. 10 Crore) and Oriental Tiles Limited (up to Rs. 2 Crore) for the financial year 2026-27, which indicates ongoing or planned business relationships of significant scale.
The company is regularizing and appointing Mr. Naveen Joshi as an Independent Director for five years and appointing Ms. Savita Punia, alongside appointing M/S. Bhawana And Associates as Internal Auditor for the financial year 2026-2027, suggesting governance and oversight enhancements.

Jaydev Granites has Nil turnover and is yet to commence business operations, so the diversification into granite and marble mining and extraction carries execution risk with no track record.
The company’s single-segment concentration in marble products and the flooring and stone articles segment exposes it to sector-specific demand and pricing pressures.
The material related-party transactions proposed for approval—up to Rs. 10 Crore with Oriental Buildmat Exports Private Limited and up to Rs. 2 Crore with Oriental Tiles Limited—require shareholder approval, and their scale relative to the company’s operations is not disclosed in the supplied material.
The acquisition consideration is cash, which uses the company’s cash resources, though the amount disclosed is Rs. 51,000 as capital contribution.

Management states that the object of incorporating Jaydev Granites is to diversify the company’s business into the granite and marble mining and extraction business. Observed performance: Jaydev Granites has Nil turnover and is yet to commence business operations, so the diversification has not yet translated into business activity.
Management indicates the firm shall engage in manufacturing and trading of all types of granites, marbles, and related activities. Observed performance: no operations have commenced as of the acquisition date.
The company scheduled its 30th Annual General Meeting for Monday, September 28, 2026, at 12:00 P.M. through video conferencing or other audio-visual means, with a cut-off date of Monday, September 21, 2026, for voting rights and remote e-voting entitlement. The remote e-voting period runs from Friday, September 25, 2026, at 9:00 A.M. to Sunday, September 27, 2026, at 5:00 P.M.
The Board approved the financial year ended March 31, 2026 report, appointed Mr. Vivek Kumar as Scrutinizer, appointed Mr. Naveen Joshi as an Additional Director (Non-Executive and Independent) for a five-year term, and appointed M/S. Bhawana And Associates as Internal Auditor for the financial year 2026-2027.
No forward-looking financial guidance or specific revenue or earnings projections are provided in the supplied material.