Om Power Transmission Limited Approves Audited Financial Results, Appoints COO, and Re-appoints Internal Auditors

Om Power Transmission Limited Approves Audited Financial Results, Appoints COO, and Re-appoints Internal Auditors​

Om Power Transmission Limited, formerly known as Om Power Transmission Private Limited, announced several key corporate updates following its Board of Directors meeting held on May 19, 2026. The company approved its audited financial results for the quarter and financial year ended March 31, 2026, alongside major appointments in its operational leadership and governance structure.

Audited Financial Results Approved​

The Board of Directors approved the Audited Standalone Financial Results for the Quarter and Financial Year ended March 31, 2026. The statutory auditors, M/s. O.M.M.S & Associates (Firm Registration No.: 135149W), issued an Audit Report confirming the Financial Results. The report conveyed an unmodified opinion on the financial statements, which were reviewed and recommended by the Audit Committee prior to board approval.

Chief Operating Officer Appointment​

The Board of Directors approved the appointment of Mr. Fenil Patel as the Chief Operating Officer (COO) of the company, designating him as Senior Management Personnel. This appointment is effective from May 20, 2026, following a recommendation from the Nomination and Remuneration Committee.

Mr. Fenil Patel brings a background in electrical engineering, having earned a Bachelor's degree from Arizona State University. His professional experience includes working at Amazon, where he served as a Software Development Engineer and was subsequently promoted to SDE-II. The company expects his expertise in technology, electrical engineering, and large-scale systems to support its long-term operational and strategic development.

Relationship details confirmed that, with the exception of Mr. Kanubhai Patel, the Promoter and Managing Director, who is the father of Mr. Fenil Patel, none of the company’s directors are related to Mr. Fenil Patel.

Re-appointment of Internal Auditors​

In a governance measure, the Board of Directors approved the re-appointment of M/s. Sweta Patel & Associates (Firm Registration No.: 139165W), Chartered Accountants, as the Internal Auditors for the Financial Year 2026-27. This re-appointment was based on the recommendation of the Audit Committee.

M/s. Sweta Patel & Associates is a firm that provides audit, assurance, taxation, compliance, and advisory services, with experience handling statutory audits and internal audits for various corporates.

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Om Power Transmission Limited (Formerly known as Om Power Transmission Private Limited) is registered at 703 to 706, Th Floor, Fortune Business Hub, Near Shell Petrol Pump, Science City Road, Sola, Ahmedabad-380060.

OMPOWER Stock Price Movement​

On Tuesday, Om Power Transmission Limited shares edged higher, gaining 3.65% to settle at ₹190.08. The stock traded on a volume of 203,279 shares, finding support during the session between ₹183.5 and ₹192.