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June 10,2026

Oswal Pumps Acquires 51% Stake in Walso Solar to Expand Manufacturing

Oswal Pumps has increased its stake in Walso Solar Solution Private Limited to 51%, making it a subsidiary through the acquisition of 13.07 lakh additional equity shares worth ₹3.66 crore under a rights issue. Walso, with a paid-up capital of ₹9.31 crore, reported a turnover of ₹170.27 crore (₹1,702.

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