Oswal Greentech Limited has informed the Exchange regarding Change in Auditors of the company.
OSWALGREEN · price
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Oswal Greentech's board, at its August 8, 2025 meeting, approved several governance changes. The company's previous statutory auditor, M/s. Oswal Sunil & Company, resigned, and M/s. Mehta Chokshi & Shah LLP has been appointed to fill the resulting casual vacancy, subject to shareholder approval. M/s. Siddharth S. Kothari & Co. was named Internal Auditor for FY 2025-26, and M/s. Jay Mehta & Associates was appointed Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). Additionally, three new Independent Directors were appointed: Mrs. Kiran Vohra, Mrs. Isha Deepak Shah, and Mr. Gaurav Chawla, each for an initial five-year term starting August 13, 2025. All director and statutory auditor appointments are subject to shareholder approval at the upcoming AGM.
The mid-term resignation of the statutory auditor (Oswal Sunil & Company) is a notable governance event that investors should monitor, as sudden auditor changes can sometimes signal underlying concerns. The simultaneous appointment of three independent directors strengthens board oversight, which is a positive governance signal. Overall, the package of changes is likely governance housekeeping ahead of the AGM rather than an immediate stock-moving event.