Olympic Cards board approves Q3 FY26 results Feb 12

Key update from BSE filings

Olympic Cards Limited informed BSE that its board of directors met on February 12, 2026 to consider and approve the company’s unaudited financial results. The agenda covered both the third quarter of FY26 and the nine-month period ended December 31, 2025. The disclosure was positioned as a compliance update under SEBI’s Listing Obligations and Disclosure Requirements (LODR). For investors tracking micro-cap counters, such board meeting outcomes typically act as the formal trigger for the release of quarterly numbers. The company also indicated that the results were reviewed by the audit committee before board approval.

Board meeting details and venue

The meeting was scheduled at the company’s registered office in Chennai. The registered address cited in the disclosures is No. 195, N.S.C. Bose Road, Chennai-600 001. The company stated that the meeting was convened in line with SEBI regulations, which require listed entities to provide advance intimation and post-meeting outcomes for results approvals. In the same stream of filings, Olympic Cards reiterated that the primary business item was the consideration and approval of unaudited results for the quarter and nine months ended December 31, 2025. This keeps the disclosure aligned with the usual corporate reporting calendar for the December quarter.

What the board approved on February 12, 2026

According to the company’s update, the unaudited financial results for the quarter and nine months ended December 31, 2025 were approved at the February 12, 2026 meeting. The company also noted that the results had been reviewed by the audit committee prior to being placed before the board. This sequence is standard under listed-company governance, where audit committee review precedes board adoption for results. The disclosure focuses on the approval process rather than detailing the profit and loss figures in the text provided. Olympic Cards also referenced trading window closure in connection with the results announcement process, indicating a compliance-driven approach around unpublished price sensitive information.

Regulatory framework referenced in the disclosures

The filings refer to SEBI (LODR) Regulations, 2015, including Regulation 29(1)(a) and Regulation 33 for results-related intimation and reporting. Separately, the company’s May 2025 communication referenced Regulations 30 and 33 in connection with outcome disclosure and financial results approval. For market participants, these citations matter because they clarify whether the company is making an “intimation” (pre-event) filing or an “outcome” (post-event) filing. In Olympic Cards’ case, the February 2026 updates covered both the meeting schedule and the confirmation that results were reviewed and approved.

Snapshot of other board-meeting related disclosures

In earlier disclosures referenced in the same information set, Olympic Cards had scheduled a board meeting for November 11, 2025 in Chennai to approve unaudited financial results for the quarter and half year ended September 30, 2025. The company also informed BSE about a board meeting scheduled on May 28, 2025 to consider and approve audited financial results for the quarter and financial year ended March 31, 2025. It subsequently stated that the board, in its meeting held on May 28, 2025, approved the audited financial results for that period. Together, these updates indicate a pattern of periodic reporting through board approvals, consistent with listed-entity obligations.

Credit event disclosure: HDFC Bank term loan default

The information set also includes a disclosure of default related to an HDFC Bank term loan. Olympic Cards reported a default amount of Rs 0.1517 crore as of December 31, 2025. The disclosure breaks this into Rs 0.1193 crore of principal and Rs 0.0324 crore of interest. Such disclosures are closely watched because they can influence lender discussions, rating considerations (if applicable), and investor risk assessments. The filing does not, in the provided text, outline timelines for curing the default or restructuring terms.

Governance update: independent director reappointment

Separately, Olympic Cards disclosed the reappointment of an independent director. Mr. Alargarsamy Uthandan (DIN: 07847682) was reappointed as an Independent Director for a second term of five years, effective June 10, 2026. Board composition and independent director continuity are routinely tracked in smaller listed companies, where governance signals can carry higher weight due to lower analyst coverage. The disclosure is specific on name, DIN, and effective date, but does not include further board committee details in the provided text.

Company profile pointers from the shared information

The information set describes Olympic Cards as operating in the diversified consumer products industry and categorizes it as a micro-cap company. It also lists a management and board lineup as of March 2023: Mohamed Faizal (Chairman and Managing Director), S Jarina (Non-Executive and Non-Independent Director), K. Meyyanathan (Independent Director), and Alagarsamy Uthandan (Independent Director). Another data point included is a 5% dividend declaration, with an ex-date shown as “07 Sep 15” in the shared feed. These details provide context on the company’s governance structure and historical corporate actions, as presented in the available text.

Key facts table

Market and investor relevance

For investors, the February 12, 2026 board approval is the formal compliance step that supports the release of unaudited quarterly and year-to-date numbers for the December 2025 period. The reference to trading window closure around the results announcement process is relevant for tracking insider-trading compliance, especially in thinly traded micro-cap names. At the same time, the disclosure of a term-loan default amounting to Rs 0.1517 crore as of December 31, 2025 adds a separate credit-risk datapoint that market participants typically review alongside quarterly results. Governance updates like the reappointment of an independent director effective June 10, 2026 also form part of the overall monitoring framework for listed entities.

Conclusion

Olympic Cards’ BSE updates confirm that the board met on February 12, 2026 at its Chennai registered office and approved unaudited results for Q3 FY26 and the nine months ended December 31, 2025, after audit committee review. The same set of disclosures also highlights a term-loan default as of December 31, 2025 and an upcoming independent director reappointment effective June 10, 2026. Investors typically track these items together because they combine financial reporting milestones with governance and credit indicators. The next actionable items, based on the provided text, are the publication and market digestion of the approved unaudited results and subsequent corporate filings tied to the June 2026 director term effective date.