Capex / expansionFiled on BSE ·
Oswal Pumps to set up 1.2 GW TOPCon solar cell manufacturing facility by April 2028
What the filing says
- Project cost estimated at ₹456 crore; ₹296 crore funded through debt, ₹159.85 crore from unutilised IPO proceeds
- Facility will supply cells for Oswal Solar Energy Private Limited's in-house solar module lines, enhancing backward integration
- Board approved variation of IPO proceeds utilization and time limit, subject to regulatory and shareholder approvals
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.