Om Power Transmission promoters buy shares worth ₹74.46 lakh

1 min read     Updated on 26 Jun 2026, 10:05 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Three promoters of Om Power Transmission Limited purchased equity shares through open market transactions on the NSE. Kalpesh Dhanjibhai Patel, Kanubhai Patel, and Vasantkumar Narayanbhai Patel acquired shares worth ₹26.01 lakh, ₹26.00 lakh, and ₹22.45 lakh, respectively. The intimation was submitted to the exchanges pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

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Three promoters of Om Power Transmission Limited acquired equity shares through open market transactions on the National Stock Exchange (NSE), increasing their combined holding in the company. The purchases, executed between June 23 and June 24, 2026, were disclosed to the stock exchanges pursuant to Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Details of Transactions

The transactions involved key personnel including the Chairman and Executive Director, the Managing Director, and a Whole Time Director. The shares were bought at varying values, aggregating to a total consideration of ₹74.46 lakh. The intimation regarding these trades was submitted to the company on June 25, 2026.

Breakdown of Share Purchases

The following table details the acquisitions made by the designated persons:

Name Category Shares Acquired Transaction Value Post-Transaction Holding % Holding Post-Transaction
Kalpesh Dhanjibhai Patel Promoter 14,221 ₹26.01 Lakhs 8,274,221 24.16%
Kanubhai Patel Promoter 14,195 ₹26.00 Lakhs 8,274,195 24.16%
Vasantkumar Narayanbhai Patel Promoter 12,347 ₹22.45 Lakhs 7,092,347 20.71%

Regulatory Disclosures

The company confirmed that the information has been uploaded on its official website. The filing, signed by Hardik Patel, Company Secretary and Compliance Officer, was submitted to both the National Stock Exchange of India Limited and BSE Limited on June 26, 2026. No trading in derivatives was reported by the promoters during this period.

Historical Stock Returns for Om Power Transmission

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%+2.29%-4.34%-5.65%-5.65%-5.65%

Does this increase in promoter holding signal confidence in upcoming projects or expected financial performance?

Are there plans for further promoter stake increases or potential open market buybacks in the near future?

How might the market react to this show of confidence from the top management in terms of stock price movement?

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Om Power Transmission wins ₹18.50 crore order from SAEL Industries

1 min read     Updated on 26 Jun 2026, 12:39 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Om Power Transmission has received a Letter of Award from SAEL Industries Limited for a ₹18.50 crore contract to establish a 220kV transmission line. The project involves connecting a 240 MW solar power plant at Sipur to the Dhama Substation, with an execution timeline of eight months.

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Om Power Transmission has secured an order worth ₹18.50 crores from SAEL Industries Limited for the execution of a single circuit 220kV transmission line. The contract encompasses the supply, erection, stringing, testing, and commissioning of the transmission line on DC towers, connecting the proposed SAEL 240 MW Solar Power Plant at Sipur to the Dhama Substation. This project is expected to be executed within a period of eight months from the date of the Letter of Award (LOA).

Order Details

The order, awarded by a domestic entity, falls outside the scope of related party transactions, with no interest declared by the promoter or group companies in the awarding entity. The total consideration for the contract stands at ₹18,50,34,500, excluding Goods and Services Tax (GST). The disclosure was made to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Breakdown

Particular Details
Client: SAEL Industries Limited
Nature of Work: Supply, Erection, Stringing, Testing, and Commissioning of Single Circuit 220kV Transmission Line on DC Towers
Project Route: From proposed SAEL 240 MW Solar Power Plant at Sipur to Dhama Substation
Contract Value: ₹18,50,34,500 (Excluding GST)
Execution Period: 8 months from the date of LOA
Entity Type: Domestic

The company confirmed that the transaction is not a related party transaction and was conducted at arm's length.

Historical Stock Returns for Om Power Transmission

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%+2.29%-4.34%-5.65%-5.65%-5.65%

How will this order impact Om Power Transmission's revenue growth and order book for the current fiscal year?

What are the potential challenges in meeting the eight-month execution timeline for the 220kV transmission line?

Could this contract pave the way for similar partnerships with SAEL Industries or other renewable energy developers?

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1 Year Returns:-5.65%