Om Power Transmission to Incorporate Indian Subsidiary, Seek Shareholder Approval for Borrowing

Om Power Transmission Ltd announced outcomes from its Board Meeting held on July 06, 2026. The board approved the proposed incorporation of a subsidiary in India, to be named OPTL Green Energy Private Limited, focusing on renewable energy projects. The company will hold a 56% stake with an initial investment of ₹56,000. Additionally, the board approved seeking shareholder approval via postal ballot for borrowing in excess of paid-up capital and reserves, and for creating security on assets up to ₹1000 crores.