Om Power Transmission Limited has informed the Exchange about Action(s) taken or orders passed

OMPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-9.3%1-day move

₹188.51

prior close

₹187.42

base price

In-mkt

timing

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-0.0-0.1+0.1-0.0-9.3-10.7-9.3-10.2-10.3-4.7-4.8-4.5-10.4—

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AI summary

Om Power Transmission Limited received an order dated May 16, 2026 from the MSME Commissionerate, Gandhinagar, disposing of a complaint the company had filed against Chromeni Steels Private Limited. The complaint concerned delayed payments under the MSME Development Act, 2006, amounting to Rs. 181.17 lakhs (Rs. 104.92 lakhs principal and Rs. 76.25 lakhs interest). The order was delivered via post on May 26, 2026. Annexure-A reveals that the MSEFC Council had actually dismissed the case on April 22, 2026 for default, meaning the company lost its attempt to recover the dues. The financial impact is limited to any amount recoverable from Chromeni Steels, and operations remain unaffected. The company states it is evaluating appropriate legal remedies.

Likely market impact

The dismissal of the MSME complaint means Om Power Transmission cannot immediately recover Rs. 181.17 lakhs from Chromeni Steels. The company is exploring further legal options, but there is no immediate impact on operations.