Omaxe Limited has informed the Exchange regarding Appointment of M/s DMK Associates as Secretarial Auditor of the company w.e.f. August 13, 2025.
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Omaxe Limited's board, at its meeting on August 13, 2025, approved several key changes. Mr. Manoj Kumar Dua resigned as Chief Financial Officer effective close of business on August 13, 2025, but will continue with the company as President-Corporate Accounts under senior management. Mr. Atul Banshal, currently Director-Finance at Omaxe, was appointed as the new CFO (designated Director-Finance & CFO) effective August 14, 2025, bringing over 20 years of finance experience including a prior stint as CFO at Experion Developers. The board also approved the re-appointment of Mr. Aroon Kumar Aggarwal as Independent Director and Mr. Vinit Goyal as Whole-Time Director, each for a second 5-year term starting in 2026, subject to shareholder approval. Additionally, M/s DMK Associates, a peer-reviewed firm of Company Secretaries, was appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30.
The CFO transition appears orderly and internal, with the outgoing CFO retained in a senior role and the incoming CFO already heading the finance function, suggesting continuity in financial management. This is a routine governance disclosure with no negative governance flags; the stock is unlikely to see significant price movement on this news alone.