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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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.