Om Power Transmission Ltd

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 Wednesday, July 1, 2026, and will reopen 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This measure is standard practice to prevent insider trading during periods of sensitive financial information disclosure.

Om Power Transmission Ltd has filed disclosures under SEBI's Insider Trading Regulations, detailing transactions by designated persons. Promoter Kalpesh Dhanjibhai Patel acquired 14221 equity shares, increasing his holding to 8,274,221 shares (24.16%). Promoter Kanubhai Patel also saw a change, acquiring 14195 equity shares, bringing his total to 8,274,195 shares (24.16%). These transactions were executed on the NSE.

Om Power Transmission Ltd has announced the receipt of a Letter of Award (LOA) from SAEL Industries Limited for a significant transmission line project. The contract, valued at Rs. 18.50 Crores (excluding GST), involves the Supply, Erection, Stringing, Testing, and commissioning of a Single Circuit 220kV Transmission Line. This project connects SAEL's proposed 240 MW Solar Power Plant at Sipur to the Dhama Substation. The execution period for this order is stipulated as 8 months from the date of the LOA. The company has confirmed that there are no interests from promoters or group companies in SAEL Industries, and the transaction does not fall under related party transactions.

Om Power Transmission Ltd received an order from the Deputy Commissioner, State Tax, Ahmedabad, on May 27, 2026, directing the reversal of Input Tax Credit (ITC) amounting to ₹11,60,838. This reversal is due to alleged incorrect availment of ITC for the financial year 2015-16 under the Gujarat Value Added Tax Act, 2003. The company received the order on May 30, 2026, and believes it will not have a material impact on its operations.

Om Power Transmission Ltd. announced that the MSME Commissionerate, Gandhinagar, dismissed the company's complaint against Chromeni Steels Private Limited regarding delayed payments of ₹181.17 lakhs (including principal of ₹104.92 lakhs and interest of ₹76.25 lakhs). The dismissal occurred during the 339th MSEFC hearing on April 22, 2026, due to default. The financial impact is limited to the amount recoverable from Chromeni Steels, and the company is evaluating legal remedies. The order was received on May 26, 2026.

Om Power Transmission Ltd has announced its audited standalone financial results for the quarter and financial year ended March 31, 2026. The results were approved at a board meeting held on May 19, 2026. Additionally, Mr. Fenil Patel has been appointed as Chief Operating Officer, effective May 20, 2026. M/s. Sweta Patel & Associates were re-appointed as Internal Auditors for FY 2026-27.

Om Power Transmission Ltd has re-appointed M/s. Sweta Patel & Associates, Chartered Accountants, as Internal Auditors for the financial year 2026-27. The decision was made by the Board of Directors based on the recommendation of the Audit Committee. This was announced along with the approval of the audited standalone financial results for the quarter and financial year ended March 31, 2026, and the appointment of Mr. Fenil Patel as Chief Operating Officer.

Om Power Transmission Ltd. announced the appointment of Mr. Fenil Patel as Chief Operating Officer, effective May 20, 2026. This decision was made based on the recommendation of the Nomination and Remuneration Committee. The Board of Directors also approved the audited standalone financial results for the quarter and financial year ended March 31, 2026, and re-appointed M/s. Sweta Patel & Associates as Internal Auditors for FY 2026-27.

Om Power Transmission Ltd. announced the approval of its audited standalone financial results for the quarter and financial year ended March 31, 2026. The board also approved the appointment of Mr. Fenil Patel as Chief Operating Officer, effective May 20, 2026, and re-appointed M/s. Sweta Patel & Associates as Internal Auditors for FY 2026-27. The auditor's report, issued by M/s. O.M.M.S & Associates, contained an unmodified opinion.

Om Power Transmission Ltd's Board approved the audited standalone financial results for the quarter and financial year ended March 31, 2026. They also appointed Mr. Fenil Patel as Chief Operating Officer, effective May 20, 2026, and re-appointed M/s. Sweta Patel & Associates as Internal Auditors for FY 2026-27. The board meeting concluded at 05:00 P.M. (IST).