OSEL Devices Limited has been awarded the ZED Gold Certification under the MSME Sustainable (ZED) Certification Scheme, as disclosed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certification was conferred by Assure Quality Management Certification Services Private Limited and was issued on May 12, 2026.

Certification Details

The key details of the ZED Gold Certification awarded to OSEL Devices Limited are summarised below:

Recognition of Operational Excellence

The ZED Gold Certification has been awarded in recognition of OSEL Devices Limited's commitment towards quality manufacturing practices, operational efficiency, environmental sustainability, and responsible business operations. The certification is issued under the Ministry of Micro, Small and Medium Enterprises' ZED framework, which stands for Zero Defect Zero Effect, reflecting standards aligned with both product quality and environmental responsibility.

Key Benefits of ZED Gold Certification

The company highlighted the following key benefits associated with the ZED Gold Certification under the MSME Sustainable (ZED) Certification Scheme:

• Brand credibility: Strengthening the company's brand credibility and market positioning
• Government procurement: Enhancing eligibility and competitiveness in government procurement and tender opportunities
• Financial benefits: Enabling access to benefits available to ZED-certified MSMEs, including certification subsidies, credit facilitation, and interest-related concessions under applicable schemes, subject to scheme eligibility and applicable terms

Regulatory Disclosure

The disclosure was made by Diksha, Company Secretary and Compliance Officer (M. No.: A72889) of OSEL Devices Limited, on May 12, 2026. The company stated that this recognition reflects its continued focus on operational excellence, sustainability, and long-term value creation for its stakeholders.

Osel Devices , a manufacturer of LED display systems and hearing aids, saw its shares surge to an upper circuit of Rs 562.05, marking a 5% increase. This rally came on the heels of a significant development - investor Mukul Mahavir Agarwal's acquisition of over 13 lakh shares, representing a 7.56% stake in the company.

Stock Performance

The company's stock has demonstrated remarkable performance since its initial public offering (IPO):

Company Background

Osel Devices made its debut on the NSE SME (National Stock Exchange for Small and Medium Enterprises) in September 2022. The company's IPO, which raised Rs 70.00 crore, was met with overwhelming investor interest, being oversubscribed 129 times.

Business Overview

Osel Devices operates in two main segments:

1. LED Display Systems: The company manufactures LED display systems for commercial applications, including advertising and corporate use.

2. Hearing Aids: This segment contributes approximately 30% to the company's consolidated revenue.

Recent Development

The acquisition of a 7.56% stake by Mukul Mahavir Agarwal represents a significant vote of confidence in the company's prospects. Such investments by notable investors often signal positive sentiment and can influence market perception of a stock.

This development, coupled with the stock's strong performance since its IPO, underscores the growing investor interest in Osel Devices. However, as with all investments, it's crucial for investors to conduct their own research and consider their risk appetite before making investment decisions.