Oswal Pumps Ltd (OSWALPUMPS) — Announcement | 23 September 2026 (4 announcements)

Oswal Pumps announced it received a Letter of Intent from Telangana Renewable Energy Development Corporation Limited to design, supply, install, and commission 2kW, 5kW, and 10kW on-grid solar rooftop PV systems totaling 46,705 kW across 9,937 government schools in 33 districts of Telangana, valued at approximately ₹297.50 Crore including GST, with installation to be completed within 180 days and five years of maintenance included.

Oswal Pumps announced it received a Letter of Intent from Telangana Renewable Energy Development Corporation Limited to design, supply, install, and commission 2kW, 5kW, and 10kW on-grid solar rooftop systems totaling 46,705 kW across 9,937 government schools in 33 districts, valued at approximately ₹297.50 Crore including GST, with installation to be completed within 180 days.

Oswal Pumps Limited announced that ICRA reaffirmed its credit ratings but changed the outlook from stable to negative due to rising receivables and margin pressure from competition and input costs, highlighting working capital risks tied to government subsidy timing.

Oswal Pumps Ltd announced an investor and analyst meeting scheduled for September 29, 2026, from 3:00 PM to 4:00 PM, conducted virtually via Bharat Connect under the Rising Stars conference series. The session will discuss publicly available information and may be subject to changes due to exigencies. This event provides investors and analysts a platform to engage with company officials on current performance and future outlook.