Oswal Agro Mills Limited has informed the Exchange regarding Change in Auditors of the company.
OSWALAGRO · price
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At its 45th Annual General Meeting held on September 25, 2025, Oswal Agro Mills shareholders approved several key appointments. M/s Mehta Chokshi & Shah LLP, a Mumbai-based chartered accountancy firm with over 90 professionals and 10 partners, was appointed as Statutory Auditor for a five-year term covering FY 2025-26 to FY 2029-30. M/s Jay Mehta & Associates was appointed as Secretarial Auditor for the same five-year period. Three new Non-Executive Independent Directors were appointed for five-year terms effective August 13, 2025: Mr. Gulshan Chamanlal Vohra (HR and Legal professional with 30+ years of experience), Mr. Swapneel Vinod Patel (Practising Company Secretary with 10 years in corporate compliance), and Ms. Larly Nitin Bahl (creative professional with 20+ years in event design and digital sales). Shareholders also approved the continuation of Mrs. Aruna Oswal as Director under SEBI's Regulation 17(1A) for directors aged 75 or above.
This is largely a routine governance update with a new auditor and independent directors joining the board, which may be viewed positively by shareholders as it strengthens board independence. The appointment of a reputed audit firm for a fresh 5-year term suggests continuity in financial oversight with no immediate concerns flagged.