Oswal Pumps Limited has officially notified stock exchanges about its upcoming board meeting scheduled for February 07, 2026. The meeting will focus on reviewing and approving the company's third-quarter financial performance for the fiscal year 2026, marking a significant milestone in the company's quarterly reporting cycle.

Board Meeting Details

The board meeting has been convened in accordance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the disclosure under Regulation 29 and 33, ensuring full compliance with listing obligations.

Trading Window Restrictions

Oswal Pumps Limited has maintained its trading window closure for designated persons as part of standard regulatory compliance. The restriction affects multiple categories of individuals associated with the company.

Affected Personnel Categories:

• Promoters and directors
• Key managerial personnel
• Designated employees
• Other connected persons

The trading window closure, initially announced on December 27, 2025, will continue until Monday, February 09, 2026. This two-day extension beyond the board meeting date ensures adequate time for result dissemination and market absorption.

Regulatory Compliance

The announcement demonstrates Oswal Pumps Limited's commitment to maintaining transparency and adhering to SEBI guidelines. Company Secretary and Compliance Officer Anish Kumar signed the disclosure document on January 30, 2026, ensuring timely communication to both BSE Limited and National Stock Exchange of India Limited.

Company Profile

Oswal Pumps Limited operates as a manufacturer and exporter specializing in water management solutions. The company's product portfolio encompasses submersible pumps, centrifugal pumps, solar water pumps, electric motors, and submersible cables, serving solar, domestic, agriculture, and industrial segments.

Oswal Pumps Limited has secured a major order worth ₹119.92 crores from Karnataka Renewable Energy Development Limited (KREDL) for solar agriculture pump sets under the PM-KUSUM B scheme. This significant contract marks the company's first comprehensive project in Karnataka state and represents a substantial expansion of its geographic presence in India's renewable energy sector.

Order Details and Scope

The comprehensive order encompasses the complete lifecycle management of solar pumping systems across Karnataka state. The project specifications demonstrate the scale and technical complexity of this renewable energy initiative.

Technical Specifications and Services

The order requires Oswal Pumps Limited to provide end-to-end solutions covering the entire project lifecycle. The company will handle design, manufacture, supply, transport, installation, testing, and commissioning of both surface and submersible solar agriculture pump sets at identified farmer locations throughout Karnataka state.

The project includes a comprehensive 5-year warranty covering complete system maintenance and repair services. Additionally, the company will implement a Remote Monitoring System (RMS) to ensure optimal performance and maintenance tracking across all installed units. This technological integration aligns with modern agricultural practices and supports efficient resource management for farmers.

Strategic Significance

According to Vivek Gupta, Chairman and Managing Director of Oswal Pumps Limited, this order represents the company's first major comprehensive project in Karnataka, marking an important milestone in expanding its geographic footprint. The successful execution of this project is expected to strengthen the company's presence in the state and enable deeper market penetration.

The order reinforces Oswal Pumps Limited's proven capabilities in executing large-scale solar pumping projects, supported by robust in-house manufacturing, established supply chain networks, and comprehensive installation and after-sales service infrastructure. The company's consistent track record of timely and high-quality project execution continues to strengthen its position in public sector renewable energy programs.

Regulatory Compliance

The order falls under the PM-KUSUM B scheme, which promotes sustainable irrigation and renewable energy adoption in the agricultural sector. Karnataka Renewable Energy Development Limited, being a domestic entity, has awarded this contract without any related party transactions or promoter group interests, ensuring transparent and arm's length dealings.

The project timeline requires completion of solar pump set installation and commissioning along with RMS integration by March 31, 2026, following Ministry of New and Renewable Energy (MNRE) stipulated guidelines. This aggressive timeline demonstrates Oswal Pumps Limited's confidence in its execution capabilities and project management expertise.