As per attached intimation letter.
OSWALPUMPS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Oswal Pumps Ltd has issued a Postal Ballot Notice seeking shareholder approval for re-appointment of Mr. Amulya Gupta as Whole Time Director for another 5-year term from June 24, 2026 to June 23, 2031. Mr. Amulya Gupta, currently 31 years old, has been on the Board since December 2020 and draws a fixed monthly remuneration of Rs. 20 lakhs (total Rs. 2.40 crore for FY 2025-26). He is a Promoter and belongs to the founding Gupta family—he is the son of Mr. Vivek Gupta (Chairman & Managing Director) and brother of Mr. Shivam Gupta (Whole Time Director). Voting will be conducted electronically from May 22, 2026 to June 20, 2026, with results to be declared within 2-3 working days after the voting period ends.
This is a routine governance matter confirming continuity in company leadership. Shareholders are expected to approve given the director's established tenure and family involvement in the business. No material impact on stock price anticipated.