Oswal Pumps Ltd

Oswal Pumps Limited informed the BSE Limited and National Stock Exchange of India Limited that MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, issued a certificate dated October 3, 2026, confirming compliance under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026.

Oswal Pumps Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the trading window for its designated persons, including promoters, directors, and key managerial personnel, will be closed from October 1, 2026, until 48 hours after the announcement of the company’s unaudited financial results for the quarter and half year ending September 30, 2026.

Oswal Pumps Ltd announced that ICRA Limited, through letters dated September 22, 2026, has reaffirmed and revised credit ratings for both the company and its material subsidiary, Oswal Solar Energy Private Limited. Specifically, ICRA reaffirmed the Long term – Fund based - Cash credit rating at ICRA A+ (Negative), with the outlook revised to negative from stable, citing a substantial build-up of receivables and moderation of profitability; the Short Term – Non- fund based – Others rating was reaffirmed at ICRA A1, with "Not Applicable" as the reason for change, while the Short term - Non- fund based - Letter of credit and Short term – Non- fund based – Bank guarantee ratings were also reaffirmed. For Oswal Solar Energy Private Limited, ICRA reaffirmed the Long term – Fund based - Cash credit rating at ICRA A+ (Negative), with the outlook revised to negative from stable, reflecting the change in outlook of the parent company, the Long term – Fund based –Term loan rating at ICRA A+ (Negative), with the outlook revised to negative from stable, and the Long term/Short term – Unallocated limits ratings at ICRA A+ (Negative)/ ICRA A1, with the outlook revised to negative from stable.

Oswal Pumps Limited has secured a significant order valued at Rs 297.50 crore (approximately Rs 273.19 crore excluding GST) from the Telangana Renewable Energy Development Corporation Limited (TGREDCO) to design, supply, install, and commission rooftop solar power plants for 9,937 government schools across 33 districts in Telangana. The project, encompassing a total capacity of 46,705 kW (46.7 MW), involves the deployment of MONOPERC/TOPCON solar modules and includes five years of comprehensive maintenance, with installation expected to be completed within 180 days. This marks Oswal Pumps' entry into the Telangana market and represents a key milestone in expanding the company’s presence in the renewable energy sector.

Oswal Pumps Limited informed the BSE Limited and National Stock Exchange of India Limited that Santhosh Kumar TE, General Manager - Export & Sales, has resigned from the company, effective August 31, 2026, citing personal circumstances.

Oswal Pumps Limited has secured a Letter of Award from North Bihar Power Distribution Company Limited (NBPDCL) to establish 20 MW of grid-connected rooftop solar projects across 18,089 consumer sites in Bihar's Darbhanga Circle, as part of the PM Surya Ghar – Muft Bijli Yojana (PMSG-MBY). The project, valued at approximately Rs 78 Crore (including GST), involves installing 1.1 kW solar plants per consumer and includes 10 years of operation and maintenance. This award, which translates into a cumulative revenue opportunity of approximately Rs 145 Crore, reinforces Oswal Pumps' presence in the state and supports India's clean energy transition.

Oswal Pumps Limited announced the re-appointment of Mr. Vivek Gupta as Chairman and Managing Director for a further period of 5 years, effective March 4, 2027, and the appointment of Mr. Vijay Kumar Yadav as Chief Financial Officer, effective August 8, 2026, according to a regulatory filing on Monday. Mr. Gupta, a promoter of the company, was first appointed to the board on September 22, 2006, while Mr. Yadav previously served as Chief Financial Officer at Duroply Industries Limited and held senior finance leadership positions at Gold Plus Glass Industry Limited, Wires, Fabriks (S.A.) Limited, and Texplas Group of Companies.

Oswal Pumps Limited announced the re-appointment of Mr. Vivek Gupta as Chairman and Managing Director for a further period of 5 years, effective March 4, 2027, and the appointment of Mr. Vijay Kumar Yadav as Chief Financial Officer, effective August 8, 2026, according to a regulatory filing on Monday. Mr. Gupta, a promoter of the company, was first appointed to the board on September 22, 2006, while Mr. Yadav previously served as Chief Financial Officer at Duroply Industries Limited and held senior finance leadership positions at Gold Plus Glass Industry Limited, Wires, Fabriks (S.A.) Limited, and Texplas Group of Companies.

Oswal Pumps Limited will hold a board meeting on Saturday, August 08, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a regulatory filing. The company also reiterated that the trading window for its Designated Persons, including Promoters, Directors, Key Managerial Personnel, Designated Employees and other Connected Persons, will remain closed until Monday, August 10, 2026.

The order covers the design, manufacture, supply, transportation, installation, testing, and commissioning of 3 HP, 5 HP, and 7.5 HP off-grid DC solar photovoltaic water pumping systems at identified farmers' sites across Maharashtra. The contract also includes a comprehensive five-year system warranty, repair and maintenance services and a Remote Monitoring System (RMS) under the PM Kusum B Scheme, Magel Tyala Saur Krushi Pump Yojana. The total value of the order is approximately Rs 235.92 crore, including GST. The company said the installation of the systems is to be completed within 60 days from the issuance of the Notice to Proceed (NTP) or work order. The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the deal. Oswal Pumps manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors, and solar modules, which it sells under the 'Oswal' brand. The company's consolidated net profit jumped 43.9% to Rs 91.95 crore on a 39.8% increase in revenue from operations to Rs 509.74 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live