BSECompany Update5d ago · 4 Nov 2026, 10:40 am

Disclosure Regulation 30(4) read with Para B (8) of Part A of Schedule III of the SEBI ( Listing Obligation and Disclosure Requirements) Regulation,2015 are Attached herewith

Oceanic Foods Ltd · 540405

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Oceanic Foods Ltd has initiated two separate recovery proceedings against Cremica Food Industries Ltd for outstanding receivables worth ₹72,64,563. The proceedings are for recovery of trade receivables and are being pursued through mediation and legal process.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Oceanic Foods Ltd - 540405 - Disclosure Regulation 30 (4) Read With Para B (8) Of Part A Of Schedule III Of The SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015

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Date:04/11/2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Sub: Disclosure regulation 30(4) read with Para B (8) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Scrip ID/ Code: OCEANIC/540405 – Oceanic Foods Limited Ref: Scrip ID / Code: OCEANIC / 540405 – Oceanic Foods Limited Respected Sir/Madam, Pursuant to Regulation 30 read with Para B(8) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), and the applicable SEBI circulars, we wish to inform you that the Company has initiated two separate recovery proceedings against Cremica Food Industries Limited (CIN: U15400PB2013PLC037640) in respect of outstanding receivables due and payable by the said entity to the Company. The proceedings relate to the failure of Cremica Food Industries Limited to discharge its payment obligations despite repeated follow-ups and requests for settlement. The Company has taken steps to pursue recovery of the outstanding amounts through the appropriate legal process. As per the information presently available to the Company, the matters have been referred submitted for mediation for a period of 15 days. The formal civil suits, if required following the mediation process, are yet to be registered and suit numbers have not been allotted as on the date of this disclosure. The Company will update the Stock Exchange upon any material change in status, including institution/registration of the civil suits, as applicable. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (‘SEBI Circular’), are enclosed in the Annexure A below. This is for your information and records. Thanking you. Yours faithfully, For, Oceanic Foods Limited Ajesh Vinodrai Patel Chairman & Managing Director DIN: 00083536 Annexure — A The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 (‘SEBI Circular’), are enclosed in the Annexure A Sr Particulars Details 1 Name of opposing party Cremica Food Industries Limited (CIN: U15400PB2013PLC037640) 2 Court / mediation authority Jamanagr Judicial Court 3 Nature of dispute Two separate recovery proceedings in respect of outstanding trade receivables. 4 First proceeding Suit for recovery of Dues receivable Of ₹71,52,643/- 5 Second proceeding Suit for recovery of Dues receivable Of ₹1,11,920/- 6 Aggregate quantum of claims ₹72,64,563/- 7 Expected financial The proceedings are for recovery of outstanding implications, if any receivables aggregating to ₹72,64,563/-. The actual recovery and timing thereof will depend on the outcome of the mediation and/or subsequent legal proceedings. No separate compensation or penalty is presently being claimed, except as may be stated in the relevant pleadings. The Company is pursuing the aforesaid proceedings to protect and safeguard its financial and commercial interests. The Company shall keep the Stock Exchanges informed of material developments in the matter in accordance with the SEBI LODR Regulations.