Annual Report for F.Y. 2024-25.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Oval Projects Engineering Limited has submitted its 12th Annual Report for FY 2024-25 along with the notice for its 12th AGM, scheduled for Tuesday, December 30, 2025 at 3:00 PM via video conferencing. The company recently got listed on the BSE SME platform on September 4, 2025, after a fresh issue of 54,99,200 equity shares at ₹80-85 per share, raising approximately ₹46.74 crore for working capital and corporate purposes. SMC Capitals was the lead manager and MAS Services was the registrar. The AGM agenda includes adoption of audited standalone and consolidated financial statements, re-appointment of Himangshu Mahawar as a director (retiring by rotation), and special resolutions to approve a borrowing limit of up to ₹200 crore under Section 180(1)(c) and to permit creation of mortgage or charge on company assets. The company operates in the EPC sector covering Oil & Gas, City Gas Distribution, Power, and Urban Infrastructure.
This is a routine annual report filing for a newly listed BSE SME stock, so no immediate price catalyst is expected. Shareholders should review the financials carefully, especially noting the AGM proposals for a ₹200 crore borrowing ceiling and creation of charges on assets, which indicate the company plans to take on more debt to fund growth in working capital and larger projects.