Oswal Pumps Limited announced that its board of directors has approved the issuance of corporate guarantees worth Rs 136.16 crore for its wholly owned material subsidiary, Oswal Solar Energy Private Limited. The decision was made during a board meeting held on March 28, 2026, which commenced at 1520 hours and concluded at 1600 hours.

Corporate Guarantee Details

The board approved two separate corporate guarantees to secure credit facilities for the subsidiary:

Subsidiary Information

Oswal Solar Energy Private Limited, formerly known as Oswal Solar Structure Private Limited, is a wholly owned material subsidiary of Oswal Pumps Limited. The subsidiary has obtained sanctions from both banks for availing credit facilities and requested the parent company to provide corporate guarantees to secure these facilities.

Terms and Conditions

Key aspects of the corporate guarantee arrangements include:

• Both guarantees will remain in full force and effect until the guaranteed obligations are repaid in full by Oswal Solar Energy Private Limited
• The credit facilities will be availed in tranches as per the subsidiary's requirements
• The corporate guarantees constitute contingent liabilities for Oswal Pumps Limited

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under the Listing Regulations and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Impact Assessment

The corporate guarantees represent contingent liabilities for Oswal Pumps Limited. The company confirmed that promoters, promoter groups, or group companies have no specific interest in these transactions, indicating the guarantees are being provided as part of normal subsidiary support operations.

Oswal Pumps Limited has announced its participation in an upcoming analyst and institutional investor meeting, demonstrating the company's commitment to maintaining transparent communication with the investment community.

Event Details and Schedule

The pump manufacturer will participate in the Bharat Connect Conference: Rising Stars 2026, scheduled for March 10, 2026. The virtual meeting represents an opportunity for investors and analysts to engage with company officials and gain insights into the business operations.

Regulatory Compliance and Information Disclosure

The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. Company officials emphasized that all discussions during the event will be based exclusively on publicly available information, ensuring compliance with disclosure norms.

The company has also noted that schedule changes may occur due to exigencies on the part of participants or the company itself, providing flexibility for unforeseen circumstances.

Company Profile and Business Operations

Oswal Pumps Limited operates as a manufacturer and exporter specializing in water management and pumping solutions. The company's product portfolio encompasses several key categories:

• Submersible pumps
• Centrifugal pumps
• Solar water pumps
• Electric motors
• Submersible cable

The upcoming investor interaction provides an opportunity for the investment community to better understand the company's market position and business strategy within the pumping solutions sector.