Oval Projects to form JV with Eiko Scientific Solutions LLP

Oval Projects Engineering Limited announced its Board of Directors has approved entering into a Joint Venture Agreement with Eiko Scientific Solutions LLP to form a new private limited company, Oval Eiko Resources Private Limited. The company will focus on Renewable Energy and Compressed Bio Gas Production and Distribution. Oval Projects Engineering Limited will hold a 50% stake in the new entity, with an initial investment of ₹2,50,000. The Board also reviewed unaudited financial results for the half-year ended September 30, 2026, and considered a proposal for raising funds through warrants convertible into equity shares on a preferential basis, expanding the scope to include both promoter and non-promoter investors. The re-appointment of M/s. KKS & Associates as Secretarial Auditor for FY 2026-27 was also approved.