Shareholders meeting

October 12, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street Bandra (East) Mumbai – 400 001 Mumbai – 400051 Scrip Code: 544418 Name of Scrip: OSWALPUMPS Sub.: Notice of Postal Ballot Dear Sir/ Madam, Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Notice of Postal Ballot dated October 12, 2026 (“Postal Ballot Notice”) issued to the Members of the Company for seeking their approval by means of Special Resolution for approval of variation of the objects/ terms of utilization of the Initial Public Offering (“IPO”) proceeds and modification of the time limit for the utilisation of the IPO proceeds, as detailed in the Postal Ballot Notice. The aforesaid Postal Ballot Notice is also available on the Company's website at https://oswalpumps.com/. The said Postal Ballot Notice has been sent today i.e. October 12, 2026, in electronic mode to those Members whose email IDs were registered with the depositories as on October 09, 2026, being the Cut-Off Date. The Members can exercise their votes electronically on the e-Voting platform of NSDL by logging on to www.evoting.nsdl.com. The voting will commence on Tuesday, October 13, 2026 at 9.00 A.M. (IST) and end on Wednesday, November 11, 2026 at 05.00 P.M. (IST), after which the e-voting module shall be disabled by NSDL. In accordance with Section 110 of the Companies Act, 2013 and Rules 22 and 20 of the Companies (Management and Administration) Rules, 2014 read with applicable circulars issued by the Ministry of Corporate Affairs, physical copies of the Notice are not being circulated to the Members. However, it is clarified that all the persons who are Members of the Company as on October 09, 2026 (including those Members who may not have received this Notice due to non- registration of their email IDs with the Company or with the Depositories) shall be entitled to vote in relation to the resolutions specified in this Notice. The results of the Postal Ballot will be announced within 2 (Two) working days or 3 days of the conclusion of e-Voting period, whichever is earlier. You are requested to take the aforesaid on record. Thanking you, Yours faithfully, For Oswal Pumps Limited Anish Kumar Company Secretary and Compliance Officer Encl.: As above OSWAL PUMPS LIMITED (CIN: L74999HR2003PLC124254) Registered Office: Oswal Estate, NH-1, Kutail Road, P.O. Kutail, Distt. Karnal, Haryana-132037 Phone: +91 184 3500 300 Website: www.oswalpumps.com; Email ID: Investorrelations@oswalpumps.com NOTICE OF POSTAL BALLOT [Pursuant to Section 110 of the Companies Act, 2013 read with Rule 20, Rule 22 of the Companies (Management and Administration) Rules, 2014 and the MCA Circulars (as defined below)] The Members, Notice is hereby given pursuant to the provisions of Section 110 read with Section 108 and all other applicable provisions of the Companies Act, 2013 (“Act”), read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 (“Rules”) and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), Secretarial Standard - 2 on General Meetings issued by the Institute of Company Secretaries of India including any statutory modifications, amendments or re-enactments thereof for the time being in force and other applicable laws and regulations, if any, for seeking approval of the Members by way of a Special Resolution for the matters as considered in the resolution appended below through postal ballot only by means of remote e-voting (“Postal Ballot”). The Members may note that the Ministry of Corporate Affairs (“MCA”) vide its various circulars has allowed the companies to take all decisions requiring Member’s approval, other than items of ordinary business or business where any person has a right to be heard, through the mechanism of postal ballot/ e-voting in accordance with the provisions of the Act and the Rules, without holding a general meeting that requires physical presence of Members at a common venue (“MCA Circulars”). The Board of Directors of the Company proposes to obtain the consent of the Members by way of Postal Ballot for the matters as considered in the resolution appended below. The Explanatory Statement pursuant to Section 102 of the Act pertaining to the said resolution, setting out material facts and the reasons for the resolution, are also annexed. You are requested to pursue the proposed resolution, along with the Explanatory Statement, and thereafter record your assent or dissent by means of remote e-voting facility provided by the Company. In accordance with the MCA Circulars and applicable provisions of the Act and Listing Regulations, this Postal Ballot Notice is being sent in electronic mode to Members whose e-mail address is registered with the Company or the Depository Participant(s) and the communication of assent/ dissent of the Members will only take place through the remote e-voting facility being offered by the Company instead of physical Postal Ballot forms. This Notice is accordingly being issued to the Members in compliance with the MCA Circulars. Special Business 1. To consider and if thought fit, to pass the following resolution with or without modification(s), as a Special Resolution: "RESOLVED THAT pursuant to the provisions of Section 27 of the Companies Act, 2013 (the “Act”), and other applicable provisions, if any, of the Act read with Rule 32 of the Companies (Incorporation) Rules, 2014 and Rule 7 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) (including any statutory modification or re-enactment thereof) and other applicable rules, regulations, guidelines and other statutory provisions for the time being in force, and subject to any other applicable approvals, permissions and/or sanctions, consent of the Members of the Company be and is hereby accorded for the variation in the objects / terms of utilisation of the Initial Public Offering (IPO) proceeds (“IPO Proceeds”) and modification of the time limit for the utilisation of the IPO Proceeds, as stated in the Prospectus dated June 17, 2025 (“Prospectus”) submitted by the Company with Registrar of Companies, Delhi and Haryana, the SEBI and the Stock Exchanges and as amended by the Special Resolution passed by the Members of the Company through postal ballot on December 17, 2025 (“First Variation”), in relation to the terms of utilization of the proceeds received from the Initial Public Offering of Equity Shares of the Company made in pursuance of the Prospectus and utilize such proceeds for the objects in the manner as detailed in the Explanatory Statement annexed to this Notice. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised on behalf of the Company to do all such acts, deeds matters and things, as it may, in its absolute discretion, deem necessary or desirable or expedient, seek requisite approvals from the appropriate authorities, appoint consultants, advisors and other agencies to give effect to this resolution and to settle any question that may arise in this regard and incidental thereto, without being required to seek any further consent or approval of the Members or otherwise to the end and intent that the Members shall be deemed to have given their approval/ ratification thereto expressly by the authority of this resolution.” By order of the Board For Oswal Pumps Limited Sd/- Vivek Gupta Chairman & Managing Director DIN: 00172835 Date: October 12, 2026 Corr. Address: Oswal Estate, NH 1, Kutail Road, P.O. Kutail, Place: Karnal, Haryana Distt. Karnal, Haryan [Showing first 8,000 characters — download PDF for full document]