Oval Projects Engineering Ltd Board Approves Financial Results, Fund Raising Plan

Oval Projects Engineering Ltd announced the outcome of its Board Meeting held on November 4th, 2026. The Board approved the unaudited financial results (Standalone & Consolidated) for the half-year ended September 30, 2026, along with the limited review report. A proposal for raising funds through warrants convertible into equity shares on a preferential basis was considered, with management recommending an expanded scope to include both promoter and non-promoter investors. The finalized, broader fund-raising plan will be considered in an upcoming meeting, aligning the EOGM date accordingly. Additionally, M/s. KKS & Associates was re-appointed as Secretarial Auditor for FY 2026-27, and a Joint Venture company, Oval Eiko Resources Private Limited, will be incorporated with EIKO SCIENTIFIC SOLUTIONS LLP.