Oval Projects Engineering Ltd

Oval Projects Engineering Limited will hold its 13th Annual General Meeting on September 29, 2026, at 3:00 p.m. via video conferencing and other audio-visual means, and has fixed September 22, 2026, as the record date for determining entitlement to a final dividend, if declared, for the financial year ended March 31, 2026. The company, whose scrip code is 544498, will provide electronic voting facilities for resolutions at the AGM, commencing September 26, 2026, and ending September 28, 2026, and the annual report for the financial year 2025-26 is available on the company's website at www.ovalprojects.com.

Oval Projects Engineering Limited informed the BSE Limited that its board of directors approved a dividend of Rs 1 per fully paid-up equity share, subject to shareholder approval at the upcoming Annual General Meeting, and recommended the re-appointment of Ms. Sneha Banik as a Whole-time director, also liable to retire by rotation. The board also approved the company’s report for the financial year ended March 31, 2026, and appointed Mr. Krishna Kumar Singh of M/s KKS & Associates as the scrutinizer for the e-voting process for the 13th Annual General Meeting, and M/s National Securities Depository Limited (NSDL) for providing e-voting facilities.

Oval Projects Engineering Limited will hold a board meeting on September 3, 2026, at 3:30 P.M. via audio-visual means to consider a proposed dividend and approve the draft notice for the company’s 13th Annual General Meeting for the fiscal year 2025-26, which will be conducted through Video Conference and Other Audio Visual Means, according to a regulatory filing with the Bombay Stock Exchange. The company also stated that the trading window for Designated Persons will remain closed until 48 hours after the conclusion of the board meeting.

Oval Projects Engineering Limited informed the BSE Limited that the trading window for dealing in securities of the company will be closed for designated persons from August 29, 2026, until 48 hours after the conclusion of a board meeting to consider the recommendation of a proposed dividend, with the board meeting date to be announced later.

Oval Projects Engineering Limited announced a 114.29% year-over-year increase in revenue to Rs 18.00 crore for the first quarter ended June 30, 2026, according to a business update released on August 3, 2026. The company, listed on the BSE SME platform as 544498, reported a total order book of Rs 818.68 crore, with an unexecuted order book of Rs 514.27 crore, and expects to convert approximately 60% of a Rs 100.00 crore tender pipeline into orders, while Chairman and Managing Director Goutam Debnath emphasized a focus on cash flow discipline and order quality over solely pursuing order book growth.

Oval Projects Engineering will hold a meeting of the Board of Directors of the Company on 29 May 2026.

Oval Projects Engineering announced that the 12th Annual General Meeting(AGM) of the company will be held on 30 December 2025.Powered by Capital Market - Live

Oval Projects Engineering will hold a meeting of the Board of Directors of the Company on 18 October 2025.Powered by Capital Market - Live

Oval Projects Engineering announced that its joint venture, Oval Projects Engineering (a joint venture between Oval Projects Engineering (51%) and Raviraj Bokadia Creative (49%)) has received a letter of award from Tripura Urban Planning and Development Authority for improvement of roads and storm water drainage system in Khowai, Ranirbazar and Mohanpur (cluster IA towns) having order value of Rs 58.25 crore. Powered by Capital Market - Live

The scrip was listed at Rs 85.25, a premium of 0.29% compared with the initial public offer (IPO) price. The stock is currently at par with its listing price. The counter hit a high of Rs 86 and a low of Rs 85.25. About 20.37 lakh shares of the company changed hands at the counter. Oval Projects Engineering's IPO was subscribed 1.57 times. The issue opened for bidding on 28 August 2025 and it closed on 01 September 2025. The price band of the IPO was fixed between Rs 80 to Rs 85 per share. The IPO comprised fresh issue of 54,99,200 equity shares. The company intends to utilize the net proceeds for utilization towards long-term working capital requirements of the company and general corporate purposes. Ahead of the IPO, Oval Projects Engineering on 26 August 2025, raised Rs 7.95 crore from anchor investors. The board allotted 9.36 lakh shares at Rs 85 each to six anchor investors. Oval Projects Engineering is primarily an infrastructure services company engaged in providing engineering, procurement, and construction (EPC) industrial infrastructure services, as well as operations and maintenance (O&M) services to its PAN India customers, especially in the Oil & Gas sector. The company focuses on upstream, midstream, and downstream facility development activities in the Oil and Gas sector, such as processing plants, pipeline laying, horizontal directional drilling, terminal stations, City Gas Distribution (CGD) work, and O&M of PNG/PNG services, along with other related EPC projects. It also provides O&M services for captive power plants. As on 31 March 2025, the company had 123 employees. The company recorded revenue from operations of Rs 102.29 crore and net profit of Rs 9.33 crore for the period ended 31 March 2025. Powered by Capital Market - Live