Oswal Agro Mills Ltd has confirmed that its promoters, Mrs. Shallu Jindal and Mr. Shael Oswal, have not created any encumbrance on their shareholding or voting rights during the financial year 2025-26. This disclosure ensures that the shares held by these key stakeholders remain free from charges such as pledges or liens, which is critical for maintaining stability in the company's ownership structure. The declaration was filed with BSE and NSE on April 03, 2026, from New Delhi.

The filing was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The regulation mandates promoters to disclose any encumbrances on their holdings to ensure transparency for shareholders. The confirmation covers the entire financial year 2025-26 and applies directly to Mrs. Shallu Jindal and Mr. Shael Oswal.

Aruna Oswal submitted the disclosure on behalf of the promoter group. The document explicitly notes that co-promoter Mr. Pankaj Oswal, along with any persons acting in concert (PAC) with him, is required to file a separate disclosure under the same regulation. This distinction ensures that all significant stakeholders comply individually with the regulatory requirements.

The following table details the members of the promoter group covered in this specific disclosure:

Copies of the disclosure have been forwarded to the Company Secretary and the members of the Audit Committee of Oswal Agro Mills Limited. The company is headquartered near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana.

Oswal Agro Mills Ltd has appointed Vimal Bhatnagar, Prerna Singh, and Babu Ram Somani as Additional Non-Executive Independent Directors on its Board for a term of one year effective June 11, 2026. The appointments, subject to shareholder approval at the ensuing Annual General Meeting, were approved by the Board based on the recommendation of the Nomination and Remuneration Committee. The company disclosed these changes pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Appointment Details

The three new directors join the Board to strengthen governance and oversight. Their appointments follow the regulatory framework and require ratification by shareholders. The company confirmed that none of the appointees are related to existing directors on the Board.

Director Profiles

Mr. Vimal Bhatnagar holds a Master of Commerce from Himachal University, a CFA from ICFAI, and a Diploma in Business Finance. He began his career in 1994 as a Faculty of Accounts and currently serves as an Independent Director at Vegorama Punjabi Angithi Limited.

Ms. Prerna Singh is a practising Company Secretary with over nine years of experience in corporate governance and statutory compliance. She holds a Bachelor of Commerce from Delhi University and is currently an Independent Director at AK Infradream Limited.

Mr. Babu Ram Somani is a qualified Chartered Accountant with experience advising industries in manufacturing, FMCG, and import-export sectors. His expertise includes direct and indirect taxation, project finance, and compliance.

The company confirmed that none of the appointees are debarred from accessing the capital markets or restrained from holding director positions by any regulatory authority.