Our Company was incorporated on July 15, 2003 at New Delhi, India as `Oswal Pumps Private Limited', a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the RoC. Our Company was then converted into a public limited company under the Companies Act, 1956, pursuant to the Shareholders' resolution dated October 24, 2006, consequent to which, the name of our Company was changed to `Oswal Pumps Limited' and a fresh certificate of incorporation dated November 15, 2006 was issued by the RoC.
Major Events: 2003 - Our Company was incorporated as a private limited company
2006 - Our Company was converted into a public limited company
2007 - Takeover of M/s Oswal Electricals (Pumps) by our Company, from its sole proprietor, Padam Sain Gupta, our Promoter Group member
2006 - Commencement of export activity to Sri Lanka
2010 - A new manufacturing plant was set up in Karnal, Haryana for pumps and electric motors
2011 - Commenced backward-integration for pumps in the Karnal facility for cast iron casting, automatic motor winding and lacing
2012 - Started developing pure stainless steel fabricated pumps
2019 - Collaborated with Tata Power Solar Systems Limited for supply of pumps for a period of five years - Commenced manufacturing solar pumps
2020 - Commenced offering EPC services in collaboration with, among others, Tata Power Solar Systems Limited, including for solar pumps, installation and commissioning, and warehousing for a period of three years
2021 - Empanelled with state-owned power distribution utility companies for a year to supply about 40,000 submersible motor pumps - Initiated end-to-end EPC services
2022 - Our Subsidiary, "Oswal Solar Structure Private Limited" was incorporated to facilitate our backward integration strategy for manufacturing solar PV modules
2023 - Started participating directly in government tenders pertaining to solar EPC operations and won contracts with the Department of New and Renewable Energy, Haryana and Haryana Renewable Energy Development Agency and Rajasthan Horticulture Development Society, Jaipur
2024 - Our Associate, "Walso Solar Solution Private Limited" was incorporated as part of our backward integration strategy to manufacture solar structures and balance of system kits
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