Oswal Agro Mills Limited has informed the Exchange regarding Change in Auditors of the company.
OSWALAGRO · price
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Oswal Agro Mills has reported multiple governance changes effective August 8, 2025. The previous statutory auditor M/s. Oswal Sunil & Company resigned, creating a casual vacancy, which has been filled by appointing M/s. Mehta Chokshi & Shah LLP (subject to shareholder approval). The company also appointed M/s Siddharth S. Kothari & Co. as the new Internal Auditor for FY 2025-26 and M/s Jay Mehta & Associates as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30). Additionally, three new Independent Directors — Mr. Gulshan Chamanlal Vohra, Mr. Swapneel Vinod Patel, and Ms. Larly Nitin Bahl — have been appointed for a 5-year term commencing August 13, 2025, subject to shareholder approval.
The mid-term exit of the statutory auditor and the induction of three new independent directors suggest notable board and audit-level restructuring. Shareholders should watch for the outcome of the upcoming AGM where these appointments need ratification; the changes are largely procedural but signal fresh oversight at the audit level.