Om Power Transmission seeks shareholder approval to raise borrowing limit to Rs 1,000 Cr
OMPOWER · price
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Om Power Transmission has issued a postal ballot notice seeking shareholder approval by special resolution to raise its borrowing limit from Rs 250 Crore to Rs 1,000 Crore under Section 180(1)(c). A second resolution seeks approval to create charge or mortgage on company assets up to the same Rs 1,000 Crore limit. The company operates in the EPC business and cites growing scale and working capital needs. E-voting runs from July 11 to August 9, 2026, with results expected by August 11, 2026.
Fourfold jump in debt ceiling signals growth ambitions but also higher leverage ahead. Shareholders vote between July 11 and August 9, 2026.