Om Power Transmission Limited received a ₹44.95 Crore order from Gujarat Energy Transmission Corporation Limited. The turnkey project involves the supply and commissioning of 220kV and 66kV equipment for the Jantral AIS Substation. The contract is to be executed within 18 months, strengthening the company's domestic order pipeline.
Om Power Transmission Limited announced that CRISIL Ratings has upgraded its credit ratings. Long-term ratings for ₹200 Crore facilities improved to CRISIL BBB+/Stable from CRISIL BBB/Stable, while short-term ratings rose to CRISIL A2 from CRISIL A3+. These upgrades reflect an improved credit profile and financial stability for the company.
Om Power Transmission Ltd updated its list of Key Managerial Personnel authorized for determining event materiality under Regulation 30(5). The authorized officials include Mr. Kanubhai Patel (MD), Mr. Chetan Bharatkumar Modi (CFO), and Mr. Hardikkumar Jitendrabhai Patel (CS). This is a routine regulatory compliance update regarding corporate disclosure protocols.
Om Power Transmission Limited has approved and adopted its revised Code of Fair Disclosure of Unpublished Price Sensitive Information. The code, formulated under SEBI (Prohibition of Insider Trading) Regulations, 2015, outlines procedures for the timely and universal dissemination of price-sensitive information to ensure transparency for all stakeholders.
