Letter Attached.
Awaiting price reaction for this filing.
Mr. Vijay Kumar Mishra has resigned as Chief Executive Officer and Key Managerial Personnel of Oswal Overseas Limited, effective from the close of business hours on September 5, 2025. He cited 'other better future prospects' as the reason, and confirmed there are no other material reasons for his departure. The company has stated it is in the process of identifying and appointing a suitable replacement for the CEO and KMP role, and will update the stock exchanges once that is done. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Short-term uncertainty for shareholders as the company operates without a CEO, though the resignation is for personal career reasons rather than governance concerns. Investors should watch for the announcement of a new CEO, as leadership continuity matters for a small-cap company like Oswal Overseas Ltd.