Om Power Transmission Ltd

Om Power Transmission Ltd has received a Letter of Intent (LOI) from Gujarat Energy Transmission Corporation Limited for a transmission line project. The contract, valued at ₹78.84 Crores (including GST), involves the supply, erection, testing, and commissioning of a 220kV D/C Chorania-Salejda Transmission Line on a turnkey basis. The project is expected to be executed within 24 months from the date of the Letter of Acceptance. This marks a significant business development for Om Power Transmission, expanding its project portfolio in the energy infrastructure sector.

Om Power Transmission Ltd has received a Letter of Intent (LOI) from Gujarat Energy Transmission Corporation Limited for the supply, erection, testing, and commissioning of 220kV & 66kV equipment and materials on a turnkey basis, including civil works for the 220kV Kotda-Sanghani AIS Substation. The contract is valued at ₹60.48 Crores (including GST) and is to be executed within 18 months from the date of the Letter of Acceptance. This order signifies a significant business development for the company in the power transmission infrastructure sector.

Om Power Transmission Ltd has received a Letter of Intent (LOI) from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply, erection, testing, and commissioning of a 220kV D/C Prantij-Jantral Line Package 2 on a turnkey basis. The contract value is ₹69.18 Crores, including GST. The execution period for this project is 24 months from the date of the Letter of Award (LOA). This order is from a domestic entity, and there are no disclosed interests from promoters or group companies in GETCO, nor does it fall under related party transactions.

Om Power Transmission Ltd has announced the incorporation of its wholly-owned subsidiary, OPTL Green Energy Private Limited, on October 5, 2026. The subsidiary will focus on developing, owning, operating, and maintaining renewable energy projects, including solar, wind, hydro, and biomass. Om Power Transmission has subscribed to 5,600 equity shares of OPTL Green Energy at a face value of ₹10 each, totaling ₹56,000, representing a 56% stake. The consideration for the subscription was paid in cash.

Om Power Transmission Ltd has announced the incorporation of its new subsidiary, OPTL Green Energy Private Limited, in India. The Certificate of Incorporation was received on October 5, 2026. The new entity will operate in the renewable energy industry, focusing on developing, owning, constructing, operating, maintaining, and implementing various renewable energy projects, including solar, wind, and energy storage. Om Power Transmission has subscribed to 5,600 equity shares of ₹10 each, totaling ₹56,000, giving it a 56% equity shareholding in the subsidiary.

Om Power Transmission Ltd has announced the re-appointment of M/s. SCS and Co LLP as its Secretarial Auditors for a term of five consecutive years. The shareholders approved this re-appointment at the Fifteenth Annual General Meeting held on September 30, 2026. The audit period will cover Financial Years 2026-27 to 2030-31. M/s. SCS and Co LLP, based in Ahmedabad, are Practicing Company Secretaries with expertise in corporate laws, SEBI, and FEMA regulations, and possess extensive experience in compliance and advisory services.

Om Power Transmission Ltd has announced the closure of its trading window for dealing in the company's equity shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from Thursday, October 1, 2026, and will reopen 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026. This measure is standard practice to prevent potential insider trading during periods when sensitive financial information is being prepared and finalized.

Om Power Transmission Ltd received an order from the Office of the Assistant Commissioner, State Tax, Ahmedabad, dated September 21, 2026. The order dropped an alleged ineligible/excess Input Tax Credit (ITC) availment amounting to ₹1,11,96,167 for the Financial Year 2022-23. After examining the company's submissions, the Authority concluded that no ineligible/excess ITC was availed. Consequently, the company is not required to pay the ITC amount or the related interest and penalty of ₹89,22,319. This decision results in no material financial or operational impact on the company.

Om Power Transmission Ltd has received a Letter of Award (LOA) from Hild Projects Private Limited for the design, equipment supply, civil construction, electrical equipment installation, testing, and commissioning of a 220kV AIS Switchyard for a 600 MW NTPC Solar Power Plant in Bhuj. The contract is valued at ₹40.69 Crores, excluding GST, and is to be executed within 10 months from the LOA date. This domestic order signifies a new business win for the company in the renewable energy infrastructure sector. There is no disclosed interest from promoters or group companies in Hild Projects Private Limited, and the transaction is not considered a related party transaction.

Om Power Transmission Ltd has issued a web-link letter for its 15th Annual General Meeting (AGM) notice and the Annual Report for FY 2025-26. This communication is directed to members who have not registered their email addresses. The AGM will be held on September 30, 2026, via Video Conferencing. The Annual Report and AGM Notice are available on the company's website. Members are advised to update their email addresses with their Depository Participants or the Registrar and Share Transfer Agent to ensure prompt communication.