Intimation regarding the resignation of Company Secretary and Compliance Officer of the Company
OSWALAGRO · price
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Mrs. Payal Agarwal, Company Secretary and Compliance Officer of Oswal Agro Mills Ltd, has tendered her resignation citing personal reasons. The resignation takes effect from the close of business hours on May 29, 2026. Upon departure, she will cease to be classified as a Key Managerial Personnel (KMP) under the Companies Act, 2013. The company has not yet announced a replacement for the compliance and company secretarial functions. The filing was signed by Aruna Oswal, Chairperson, and submitted to both NSE and BSE.
The departure creates a temporary gap in compliance oversight at the board level. Until a successor is appointed, the company may face governance scrutiny from regulators. This is a routine but notable KMP change that could mildly concern investors about compliance continuity.