The Board has recommended to appoint M/s Singh Chugh and Kumar, Chartered Accountants as the Statutory Auditor of the Company, subject to shareholders'' approval.
Awaiting price reaction for this filing.
In a sweeping board overhaul on 22 August 2025, Omansh Enterprises appointed 9 new directors — 4 Non-Executive Independent Directors (Krishan Kumar Jalan, Sudesh Gupta, Jyoti Gupta, Parvesh Gupta) and 5 Executive Directors including Avnish Jindal as Whole-Time Director. The existing statutory auditor MKRJ & Co. resigned citing 'change in management', and Singhi Chugh & Kumar was appointed to fill the casual vacancy, with new secretarial and internal auditors also brought on. The Audit, Nomination & Remuneration, and Stakeholders Relationship Committees were fully reconstituted with the new independent directors. The Board also approved a proposal to rename the company to 'Pipan Enterprises Limited' or 'Pipan Oils Limited', borrowing facilities up to ₹300 crores, and setting up a wholly-owned subsidiary in the UAE.
This filing signals a near-complete change of control at Omansh Enterprises — new promoter-family directors (Jindals and Guptas, who are related to each other) are taking charge, the auditor has stepped out due to the management change, and the company is rebranding plus seeking significant debt and overseas expansion. Shareholders should expect major strategic shifts and watch for the upcoming shareholder meeting that will ratify these decisions.