Oswal Agro Mills Limited — Important, 10-04-2025: Updates

The Board of Directors of Oswal Agro Mills Limited has approved the appointment of M/s Prachi Bansal & Associates as Secretarial Auditors for the financial year 2024-25. This follows the resignation of the previous auditor, M/s CT & Company. The firm, based in Faridabad, has a solid track record in secretarial audits and compliance.

Additionally, the Board has put forth Mr. Shael Oswal for the role of Managing Director, pending shareholder approval. His appointment is set for three years starting June 1, 2025. It’s notable that Mr. Oswal has direct family ties to the company’s Promoter and Director, Mrs. Aruna Oswal. This leadership change could enhance strategic direction, and investors should monitor the upcoming general meeting for shareholder sentiments regarding this pivotal appointment.