Letter Attached
Awaiting price reaction for this filing.
Oswal Overseas Limited has informed the stock exchanges that its Chief Financial Officer, Mr. Aijaz Ahmad, has resigned from the position effective July 27, 2025. The reason cited is acceptance of another professional opportunity aligning with his career goals. The company has confirmed there are no material reasons for his departure beyond what is stated in the resignation letter. Oswal Overseas stated it is actively searching for a suitable replacement and will announce the new appointment in due course.
The CFO position is currently vacant, which may create short-term uncertainty around financial reporting and compliance until a successor is appointed. Investors should watch for the company's update on the new CFO appointment, as prolonged vacancies in key financial roles can sometimes raise governance concerns.