Letter attached
Awaiting price reaction for this filing.
Oswal Overseas Ltd has appointed Mrs. Neha Gupta (DIN: 10751326) as an Additional Woman Independent Director of the company with effect from September 24, 2025, for a tenure of one year. Mrs. Gupta, aged 37, is a qualified Company Secretary (ICSI, 2013) and a Certified Independent Director (IICA) with over 12 years of experience in corporate governance, regulatory compliance, NBFC operations, and listed-entity compliance. She is not related to any existing directors or key managerial personnel and is not debarred by SEBI. Following her appointment, the Board has reconstituted its Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee, with Mrs. Gupta chairing all three committees alongside existing non-executive members.
This is a routine governance update that strengthens the company's board composition by adding an experienced independent professional and helps meet diversity requirements under the Companies Act. The reconstitution places a new independent director in charge of key board committees, which may be viewed positively by governance-focused investors but is unlikely to have a material impact on the stock price.