Mr. Purshottam Kumar Gupta (DIN: 00397918) has been appointed as an additional director (executive) of the Company
Awaiting price reaction for this filing.
Omansh Enterprises Limited underwent a sweeping board and management overhaul on August 22, 2025, in a single board meeting. Four executive directors (Avnish Jindal, Piyush Gupta, Nilesh Jindal, Purshottam Kumar Gupta) and four independent directors were appointed, with Mr. Avnish Jindal also named Whole-Time Director. The existing statutory auditor, MKRJ & Co., resigned citing 'change in management,' and was replaced by Singhi Chugh & Kumar to fill the casual vacancy. All three key board committees (Audit, Nomination & Remuneration, Stakeholders Relationship) were reconstituted with the new independent directors. Additional decisions included a proposed company name change to 'Pipan Enterprises Limited' or 'Pipan Oils Limited,' borrowing approval up to ₹300 crore, and the formation of a wholly-owned subsidiary in the UAE.
This filing signals a clear change-of-control event at Omansh Enterprises — the old auditors explicitly resigned due to a management change, and a new promoter group (Jindal/Gupta families) is taking over the board. Shareholders should expect a shareholder meeting to approve the new directors, name change, and ₹300 crore borrowing, and should monitor how the new management executes its expansion strategy, including the UAE subsidiary.