Shareholders meeting

July 17, 2026 To To BSE Limited, National Stock Exchange of India Ltd, 1st Floor, New Trading Ring, Exchange Plaza, Rotunda Building, P.J. Towers, Bandra (East), Dalal Street, Mumbai - 400001 Mumbai - 400051, Maharashtra, India Maharashtra, India BSE Code: 500313 NSE Symbol: OILCOUNTUB Dear Sir/Madam, Sub: Oil Country Tubular Limited - Annual Report for the Financial Year 2025-26 and Notice convening the 40th Annual General Meeting. As required under Regulation 30 and Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the Annual Report of the Company for the Financial Year 2025-26 along with the Notice convening the 40th Annual General Meeting (“AGM”) scheduled to be held on Wednesday, August 12, 2026 at 11:00 A.M. (IST) through Video Conferencing/ Other Audio Visual Means in accordance with relevant circulars issued by the Ministry of Corporate Affairs and SEBI. In compliance with the aforesaid circulars, the Annual Report along with the Notice of the AGM is being sent only by electronic mode to those shareholders whose e- mail addresses are registered with the Company/Registrar and Transfer Agent of the Company/Depository Participants. The Annual Report, along with the Notice of the AGM for the Financial Year 2025- 26, is also available on the website of the Company at www.octlindia.com. We request you to kindly take the above on record. Yours faithfully, for Oil Country Tubular Limited Suryawanshi Vaibhav Suryakant Company Secretary & Compliance Officer ACS: 72171 NOTICE TO MEMBERS NOTICE TO MEMBERS Notice is hereby given that the 40th Annual General Meeting of the Members of Oil Country Tubular Limited will be held on Wednesday, the 12th day of August, 2026, at 11:00 A.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The venue of the Annual General Meeting (‘AGM’) shall be deemed to be conducted at the Registered Office of the Company at Kamineni, 3rd Floor, King Koti, Hyderabad - 500 001, Telangana, India, to transact the following Business. ORDINARY BUSINESS: 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 Director’s Report and Auditor’s Report thereon. 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. 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. SPECIAL BUSINESS: 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. To consider and, if thought fit, to pass with or without modification, the following Resolution as Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198, 203 and all other applicable provisions of the Companies Act, 2013 and rules made thereunder, (including any statutory modification(s) or re-enactment thereof, for the time being in force) read with Schedule V of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time and the Articles of Association of the company and on the recommendation of Nomination and Remuneration Committee, and that of Board, the approval of the Members of the Company be and is hereby accorded for Re-Designation of Mr. Paruchuri Dheeraj Chowdary (DIN –09341915), as From Non-Executive and Non-Independent Director To Whole Time Director of the Company w.e.f. 1st June, 2026, for a period of 3 Years at a remuneration as per the following terms and conditions, whose term of appointment is liable to retirement by rotation mentioned below: NOTICE TO MEMBERS 1 Monthly Remuneration Rs. 3,50,000/- Per Month (Basic Salary Other Perquisites and Allowances) 2 Perquisites and Benefits Medical Reimbursement: For self and family, not exceeding one month’s salary in a year. Leave Travel Concession: For self and family, once in a year to and from any place in India in accordance with the Rules of the Company. Privilege Leave: One Month’s leave on full pay and allowance for every eleven months of service, at the end of the tenure as per the Company’s Rules. Reimbursement of travelling and other expenses as incurred by him for the business of the Company. 3 Minimum remuneration: Due to inadequacy or absence of profits in the financial year, he shall be paid with the above remuneration, as minimum remuneration subject to the ceiling mentioned in Schedule V of the Companies Act 2013 from time to time RESOLVED FURTHER THAT in the event of absence or inadequacy of the profits in any financial year during the tenure of the appointment of Mr. Paruchuri Dheeraj Chowdary (DIN –09341915), he shall be paid the Remuneration subject to the limits as set out under the provisions of the Act and as may be amended from time to time. RESOLVED FURTHER THAT the Board of Directors of the Company (which term shall be deemed to include the Nomination and Remuneration Committee duly authorized in this behalf) be and is hereby authorised to revise, alter, modify the remuneration payable to Mr. Paruchuri Dheeraj Chowdary (DIN –09341915), from time to time during the tenure of his appointment, within the limits prescribed under the companies Act,2013 read with Schedule V there to, the SEBI (Listing Obligations and Disclosures Requirements) Regulations,2015 and other applicable laws, rules and regulations, as may be in force from time to time, and on such terms and conditions as may be agreed between the Board and the Director, provided that any such revision shall be subject to such approvals as may be required under the applicable provisions of law.” RESOLVED FURTHER THAT the Board be and is hereby authorized to take such steps as may be necessary for obtaining necessary approvals - statutory, contractual or otherwise, in relation to the above and to settle all matters arising out of and incidental thereto and to sign and execute deeds, applications, documents and writings that may be required, on behalf of the Company and generally to do all such other acts, deeds, matters and things as may be necessary, proper, expedient or incidental for giving effect to this Resolution.” By Order of the Board of Directors For Oil Country Tubular Limited K. Suryanarayana Place : Hyderabad Chairman & Managing Director Date : 18 June 2026 DIN: 00078950 NOTES FOR MEMBERS NOTES FOR MEMBERS 1. Pursuant to the General Circular Nos. 14/2020 dated April 8, 2020, and 17/2020 dated April 13, 2020, in relation to “Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013”, General Circular Nos. 20/2020 dated May 5, 2020, 10/2022 dated December 28, 2022, 09/2023 dated September 25, 2023 09/2024 dated September 19 , 2024 and subsequent circulars issued in this regard, the latest being 03/2025 dated September 22, 2025 in relation to “Clarification on holding of Annual General Meeting (‘AGM’) through Video Conferencing (VC) or Other Audio Visual Means (OAVM)”, (collectively referred to as “MCA Circulars”) the Company is convening the 40th AGM through Video Conferencing (‘VC’)/Other Audio Visual Means (‘OAVM’), without the physical presence of the Members at a common venue. Further, the Securities and Exchange Board of India (‘SEBI’), vide its Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 5, 2023, October 7, 2023, October 3, 2024 and (‘SEBI Circulars’) and SEBI (LODR) (Third Amendment) Regulations, 2024, effective December 31, 2024 has provided relaxations from compliance with certain provisions of the SEBI (Listing Obligations and D [Showing first 8,000 characters — download PDF for full document]