Oswal Pumps Ltd

Oswal Pumps Ltd has issued an intimation letter regarding its 23rd Annual General Meeting (AGM) scheduled for September 25, 2026, to be held via Video Conference (VC)/Other Audio Visual Means (OAVM). The company is dispatching the Annual Report for FY 2025-26 and the Notice of AGM electronically to members with registered email addresses. For members without registered email IDs, physical communication with a weblink to access these documents will be sent. The company is facilitating remote e-voting and e-voting during the AGM for resolutions, with a cut-off date of September 18, 2026. The remote e-voting period is from September 21 to September 24, 2026. The Annual Report, Notice of AGM, and physical communication are enclosed and also available on the company's website.

Oswal Pumps Ltd has issued an intimation letter regarding its 23rd Annual General Meeting (AGM) scheduled for September 25, 2026, to be held via Video Conference (VC)/Other Audio Visual Means (OAVM). The Annual Report for FY 2025-26 and the Notice of AGM are being sent electronically to members with registered email addresses. Physical communication with a weblink to access these documents will be sent to members whose email IDs are not registered. The company is facilitating remote e-voting and e-voting during the AGM for resolutions, with a cut-off date of September 18, 2026. The remote e-voting period is from September 21 to September 24, 2026. The Annual Report, Notice of AGM, and physical communication are enclosed and also available on the company's website.

Oswal Pumps Ltd has announced its 23rd Annual General Meeting (AGM) will be held on September 25, 2026, via Video Conference/Other Audio Visual Means. The company is dispatching the Annual Report for FY 2025-26 and the Notice of AGM electronically to members with registered email addresses. Physical copies with website links will be sent to members without registered emails. Members can vote electronically on all resolutions, with remote e-voting from September 21-24, 2026. The cut-off date for voting eligibility is September 18, 2026. The Annual Report, Notice of AGM, and related documents are also available on the company's website.

Mr. Santhosh Kumar TE, General Manager - Export & Sales, a Senior Management Personnel at Oswal Pumps Ltd, has resigned from his position. His resignation is effective from the close of business hours on August 31, 2026. The company has provided details as required by listing regulations, including the reason for cessation as resignation due to personal circumstances. A copy of his resignation letter is enclosed, expressing gratitude for the opportunities and support received during his tenure.

Oswal Pumps Ltd has received a Letter of Award from North Bihar Power Distribution Company Limited (NBPDCL) for setting up 20 MW of Grid-Connected Rooftop Solar Projects across 18,089 consumer sites in Darbhanga Circle, Bihar. The projects, under the PM Surya Ghar – Muft Bijli Yojana, will have individual plant capacities of 1.1 kW. The total order value is approximately ₹78 Crore, including GST. The scope includes design, installation, and 10 years of O&M. The projects are to be commissioned within 9 months of PPA execution. This award reinforces Oswal Pumps' presence in Bihar's renewable energy sector.

Oswal Pumps Ltd has secured a Letter of Award from North Bihar Power Distribution Company Limited (NBPDCL) for setting up 20 MW of Grid-Connected Rooftop Solar Projects. The project involves installing 1.1 kW capacity solar plants for 18,089 consumers in the Darbhanga Circle under the PM Surya Ghar – Muft Bijli Yojana. The total value of the order is approximately ₹78 Crore, including GST. The execution is to be completed within 9 months of PPA signing, with an additional 10-year Operation & Maintenance period. The company anticipates a long-term revenue potential of approximately ₹67 Crore from energy supply over the contract tenure, leading to a cumulative revenue opportunity of around ₹145 Crore.

Oswal Pumps Limited announced its Q1 FY27 unaudited financial results, reporting a Total Income of ₹4,817 million, a decrease of 6.5% YoY. EBITDA stood at ₹825 million with a margin of 17.1%, down 41.9% YoY. Profit After Tax (PAT) was ₹538 million, a 43.1% decline YoY, with PAT margin at 11.2%. The company cited competitive bidding under the Magel Tyala scheme, leading to a 9% reduction in realisations and impacting margins. Despite this, Oswal Pumps maintains a strong order book of 22,025 pumps and 72 MW in solar EPC projects, with plans to diversify into the Jal Jeevan Mission and scale its Rooftop Solar, Utility, and C&I segments.

Oswal Pumps Ltd has informed the stock exchanges that, effective August 8, 2026, key managerial personnel (KMPs) are authorized to determine the materiality of events or information and make necessary disclosures under Regulation 30 of the Listing Regulations. The authorized KMPs include Mr. Vivek Gupta (Chairman and Managing Director), Mr. Vijay Kumar Yadav (Chief Financial Officer), and Mr. Anish Kumar (Company Secretary and Compliance Officer). This move streamlines the company's corporate governance and disclosure processes.

Oswal Pumps Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of funds raised through its Initial Public Offer (IPO). ICRA Limited, the appointed monitoring agency, has confirmed that the utilization of proceeds is in line with the objects of the issue, with no material deviation observed. The report indicates that the company's capital expenditure funding aligns with prospectus disclosures, and no changes in the means of finance have occurred. The company's IPO details include an issue size of ₹1387.34 Crore for 22,595,114 equity shares.

Oswal Pumps Ltd announced key management changes following a Board of Directors meeting held on August 08, 2026. Mr. Vivek Gupta has been re-appointed as Chairman and Managing Director for a further period of five years, effective March 04, 2027. Additionally, Mr. Vijay Kumar Yadav has been appointed as the Chief Financial Officer, effective August 08, 2026. The re-appointment of Mr. Gupta is subject to shareholder approval. The meeting also detailed the profiles and disclosures required under listing regulations for both appointees.