Orient Electric has officially launched the Aero O2, India's first oxygen-enriching ceiling fan, following a formal announcement under Regulation 30 of SEBI listing requirements. The company claims this innovative product can boost oxygen levels by up to 90% in residential environments while providing traditional cooling functions.

Product Innovation and Technology

The Aero O2 ceiling fan incorporates patented Bio-Oxy Plasma ION+ Technology designed to transform indoor air quality beyond conventional air circulation. According to NABL accredited laboratory testing, the fan demonstrates significant air purification capabilities alongside oxygen enrichment.

Technical Specifications

The Aero O2 combines air purification technology with high-performance cooling capabilities. The fan features a 38W BLDC motor paired with 1200 mm aerodynamic blades, delivering 250 CMM air circulation with whisper-quiet operation.

Market Positioning and Leadership Response

Ravindra Singh Negi, Managing Director and CEO of Orient Electric, emphasized the product's response to urban consumer concerns about indoor air quality. He highlighted that urban consumers spend increasing time in enclosed, air-conditioned spaces where air quality can deteriorate, combined with challenges from urban deforestation and declining outdoor air quality.

The Aero O2 addresses these concerns by providing continuous oxygen enrichment across seasons, functioning effectively in air-conditioned settings and colder months without requiring maintenance. The Bio-Oxy Plasma ION+ system can operate independently of the air circulation function.

Regulatory Compliance and Corporate Governance

Orient Electric filed the product launch announcement under Regulation 30 of SEBI listing requirements, demonstrating adherence to corporate governance practices. The company noted that while the product launch did not trigger materiality thresholds, the disclosure reflects good corporate governance adoption.

This launch positions Orient Electric, part of the USD 3.00 billion CKA Birla Group, in the specialized air quality enhancement segment, representing expansion beyond traditional ceiling fans into health-focused home appliances for modern urban homes.

Orient Electric Limited's Board of Directors has approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the company's new statutory auditors during a board meeting held on March 26, 2026. The decision was made based on recommendations from the Audit Committee and is subject to shareholder approval at the upcoming Annual General Meeting.

Board Meeting and Regulatory Compliance

The board meeting commenced at 2:20 p.m. and concluded at 4:10 p.m. on March 26, 2026. The appointment decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both the National Stock Exchange of India Limited and BSE Limited regarding this appointment.

Auditor Transition Details

The appointment of Price Waterhouse Chartered Accountants LLP will be effective from the conclusion of the 10th Annual General Meeting to be held in FY 2026-27. The firm will serve as statutory auditors for five consecutive years until the conclusion of the 15th AGM to be held in FY 2031-32. M/s. S.R. Batliboi & Co. LLP, the current statutory auditors, will complete their second term at the conclusion of the 10th AGM.

About the New Auditor

Price Waterhouse Chartered Accountants LLP is an established auditing firm registered with the Institute of Chartered Accountants of India. The firm was originally established in 1991 and converted into a limited liability partnership in 2014. It operates from its registered office at Sucheta Bhawan, 11A Vishnu Digambar Marg, New Delhi - 110 002.

Firm Capabilities and Network

The auditing firm maintains an extensive operational network across India with significant professional capabilities:

Regulatory Compliance and Next Steps

The appointment is subject to completion of all regulatory compliances in accordance with applicable laws and regulations. The resolution for appointing Price Waterhouse Chartered Accountants LLP as statutory auditors will be presented to shareholders for approval at the company's 10th Annual General Meeting scheduled for FY 2026-27. The company has provided all requisite details as required by SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and has formally notified the stock exchanges through proper regulatory channels.