Annual Report for the FY 2025-26

Ref no: BSE, NSE & CSE/OMDC/CS/11-2026/03 Dated: 06.11.2026 To To To The Compliance Department The Compliance Department The Secretary Department of Corporate National Stock Exchange of India The Calcutta Stock Services Limited Exchange Limited Bombay Stock Exchange Ltd Exchange Plaza, Plot No. C/1, 7, Lyons Range 1st Floor, PhiozeJee, Jeebhoy Block – G Kolkata- 700001 Towers BandraKurla Complex Scrip Code : 25058 Bombay SamacharMarg Bandra (E) Mumbai – 400001 Mumbai - 400051 Scrip Code : 590086 Scrip Code : ORISSAMINE Dear Sir, Subject: Intimation pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – submission of 108th AGM Notice and Annual Report for the FY 2025-26 With reference to the above, please find enclosed herewith, the Annual Report of the Company for the FY 2025-26 along with Notice of the 108th Annual General Meeting of the Company, scheduled to be held on Monday, 30th November, 2026 at 3:00 P.M. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). The deemed venue for the 108th AGM shall be the Registered Office of the Company. The same is also available on the website of the Company www.birdgroup.co.in This is for your information and record. Thanking You Yours Faithfully, For The Orissa Minerals Development Company Limited (Pintu Kumar Biswal) Company Secretary PORT 2025-2026 108th ANNUAL REPORT THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED Reg. office: C/O “Sail Office, Ground Floor, 271, Bidyut Marg, Unit – IV, Sastri Nagar, Bhubaneswar – 751001, Odisha CIN: L51430OR1918GOI034390 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED CORPORATE INFORMATION BOARD OF DIRECTORS Shri MNVS Prabhakar, Chairman (w.e.f. 25.05.2026) Shri A K Saxena, Chairman (upto 31.12.2025) Shri M.R. Gupta, Chairman (upto 25.05.2026) Shri Vasudha Chandra Suratkal, MD Addl. Charge (upto 21.02.2026) Shri G.V.N Prasad, MD Addl. Charge (w.e.f 22.02.2026) Shri Arun Kanti Bagchi, Non-Executive Director (upto 31.08.2026) Smt. Swapna Bhattacharya, Government of India, Nominee Director (upto 11.06.2025) Shri D.N. Pandey, Government of India, Nominee Director (w.e.f 12.10.2026) Shri S. Sharad Rao, Government of India, Nominee Director (upto 12.10.2026) Shri Prafulla Jaipuria, Nominee Director of LICI (w.e.f 29.05.2026) Shri T.R Mallick, Nominee Director of LICI (upto 29.05.2026) Shri Geeta Balmuchu, Independent Director (w.e.f 14.07.2026) Shri M. Saravanan, Independent Director (upto 14.04.2026) Smt. Dr T.N Sarasu, Independent Director (upto 14.04.2026) CHIEF FINANCIAL OFFICER Shri ARINDAM MAITRA, CFO (w.e.f 10.02.2025) COMPANY SECRETARY Shri PINTU KUMAR BISWAL, CS (w.e.f 22.05.2025) Shri S. RAJA BAU, CS (upto 22.05.2025) STATUTORY AUDITORS M/s. SDR & Associates, Plot no. 65, Sahid Nagar, Bhubaneswar, Odisha-751007 SECRETARIAL AUDITORS M/s. Palata Singh & Co., Practising Company Secretaries, Flat No.101, Plot No.1262/D, New Forest Park, Near Basanta Park Appartment, Bhubaneswar-751009 BANKERS State Bank of India, Government Treasury Branch, Bhubaneswar State Bank of India, Barbil, Odisha Bank of Baroda, Barbil, Odisha Page | 1 108th ANNUAL REPORT - FY 2025- 26 PNB, Janpath Branch, Bhubaneswar IDBI Bank, Janpath Branch, Bhubaneswar Union Bank of India, Bhubaneswar, Odisha Indian bank, Bhubaneswar Main Branch, Bhubaneswar REGISTERED OFFICE C/O “Sail Office, Ground Floor, 271, Bidyut Marg, Unit – IV, Sastri Nagar, Bhubaneswar – 751001, Odisha; Tel: 0674-2391595, 0674-2391495; E-mail: info.birdgroup@birdgroup.co.in, Website: www.birdgroup.co.in; CIN No: L51430OR1918GOI034390 REGISTRAR AND TRANSFER AGENT MUFG Intime India Private Limited (MUFG) (Formerly Link Intime India Private Limited) (Consequent to merger of CB Management Services (P) Ltd with MUFG) Rasoi Court, 5th Floor, 20, Sir R.N. Mukherjee Road, Kolkata – 700 001 Phone: (033) 6906-6200, E-mail: investor.helpdesk@in.mpms.mufg.com; website: www. in.mpms.mufg.com. MINES OFFICE P.O: Thakurani, Via–Barbil, Dist. Keonjhar, Odisha-758035; Tel: (06767)- 276777/ 275058/ 275405, E-mail: omdc_fin_mo@yahoo.com Page | 2 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED VISION & MISSION VISION To become a world class, socially responsible, green mining Company maximizing value of all Stake holders MISSION  To ensure sustainable growth of the Company by having synergy with all stake holders and maximization of returns, while following best practices of corporate governance and promoting ecological balance and mineral conservation  To enhance high level of customer satisfaction  To achieve international standards of productivity by scientific mining & thrust on R&D, power consumption, environmental standards, preservation of flora & fauna, water resources  To share developmental benefits with people living in & around mines, while improving the welfare of employee Page | 3 108th ANNUAL REPORT - FY 2025- 26 CONTENT NOTICE CHAIRMAN SPEECH DIRECTORS’REPORT REPORT OF MANAGEMENT DISCUSSION & ANALYSIS CORPORATE GOVERNANCE REPORT BUSINESS REPONSIBILITY AND SUSTAINABILITY REPORT ANNUAL COMPLIANCE WITH CODE OF CONDUCT CEO & CFO CERTIFICATION SECRETARIAL AUDIT REPORT CERTIFICATE OF NON- DISQUALIFICATION OF DIRECTORS CORPORATE GOVERNANCE CERTIFICATE CAG COMMENTS ON FINANCIAL STATEMENTS MANAGEMENT REPLY TO QUALIFIED AUDIT REPORT AUDITORS’REPORT ANNUAL ACCOUNTS BALALNCE SHEET STATEMENT OF PROFIT & LOSS CASH FLOW STATEMENT STATEMENT OF CHANGES IN EQUITY IND AS ACCOUNTING POLICY 155-196 NOTES TO FINANCIAL STATEMENTS Page | 4 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED NOTICE OF 108TH ANNUAL GENERAL MEETING Notice is hereby given that the 108TH Annual General Meeting of The Orissa Minerals Development Company Limited will be held on Monday, 30th November, 2026 at 3.00 PM through Video Conferencing (“VC”)/Other Audio-Visual Means (“OAVM”) to transact the following business: ORDINARY BUSINESS 1. To consider and adopt the Audited Financial Statements of the Company for the year ending with March 31, 2026, together with the Directors Report, the Reports of Auditors’ and Comments of the Comptroller & Auditor General of India (C & AG) thereon. 2. To authorize Board of Directors of the Company to fix the Remuneration of the Statutory Auditors of the Company appointed by Comptroller & Auditor General of India (C&AG) for the financial year 2026-27, in terms of provisions of Section 139(5) read with Section 142 of the Companies Act, 2013 and in this regard to consider and if thought fit, to pass with or without modification the following Resolution as an Ordinary Resolution. “RESOLVED THAT In terms of provisions of Section 139(5) read with Section 142 of the Companies Act, 2013, the Board of Directors of the Company be and are hereby authorized to decide and fix the Remuneration of such amount plus Out of pocket expenses to Statutory Auditors of the Company for the financial year 2026-27 who were appointed by the C&AG” SPECIAL BUSINESS: 3. Appointment of Shri MNVS Prabhakar, (DIN-11711977) as Director of the Company and in this regard to consider and, if thought fit, to pass, the following resolution as an Ordinary Resolution: “RESOLVED THAT Pursuant to the provisions of Section 149, 152, 161 and other applicable provisions, if any, of the Companies Act, 2013 and rules made there under Shri MNVS Prabhakar, (DIN- 11711977), Director who was appointed as additional Director of the company w.e.f. 25.05.026 and who holds office as such up to the date of ensuing Annual General Meeting, be and is hereby appointed as Director on the Board of the Company.” 4. Appointment of Shri GVN Prasad (DIN-10612236) Director & MD, Addl. Charge of the Company and in this regard to consider and, if thought fit, to pass, the following resolution as an Ordinary Resolution: “RESOLVED THAT “Pursuant to the provisions of Section 149, 152, 161 and other applicable provisions, if any, of the Companies Act, 2013 and rules made there under GVN Prasad (DIN-10612236) Director Page | 5 108th ANNUAL REPORT - [Showing first 8,000 characters — download PDF for full document]