Letter Attached
Awaiting price reaction for this filing.
Oswal Overseas Ltd has informed BSE that it qualifies for exemption from certain SEBI disclosure obligations under Regulation 15(2), as its paid-up equity share capital (Rs. 6.46 crore) and net worth (negative Rs. 9.55 crore) fall below the thresholds of Rs. 10 crore and Rs. 25 crore respectively. As a result, the company is not required to make consolidated Related Party Transaction disclosures under Regulation 23(9) for the quarter and year ended March 31, 2026. The company has a negative net worth, indicating its liabilities exceed its assets, which raises concerns about its financial health. The notification is signed by the Company Secretary and dated May 30, 2026.
Shareholders should note that the company has a significantly negative net worth of Rs. 9.55 crore, indicating financial stress. The exemption from related party disclosure norms reduces transparency for investors. This filing warrants careful monitoring of the company's financial stability.