Oswal oswal greentech Limited’s Board of Directors approved key governance appointments on July 27, 2026, including a new Company Secretary, an Independent Director, and a Secretarial Auditor. The decisions were made during a board meeting held on that date, aiming to fill critical compliance and oversight roles within the organization.

The Board appointed Mr. Harshendra Mandloi (Membership No. A81271) as Company Secretary and Compliance Officer with effect from July 27, 2026. This appointment, made pursuant to Section 203 of the Companies Act, 2013 and Regulation 6 of the SEBI Listing Regulations, replaces Mrs. Purva Jhanwar, who ceased to hold the office on May 6, 2026. Mr. Mandloi is an associate member of the Institute of Company Secretaries of India and holds a law degree. He brings experience in handling secretarial and compliance matters for listed companies, including adherence to SEBI Regulations and board processes. No relationship with existing directors or Key Managerial Personnel was disclosed.

Additionally, the Board approved the appointment of Mr. Rahul Khadriya (DIN: 03578394) as an Additional Independent Director. Recommended by the Nomination and Remuneration Committee, Mr. Khadriya will serve a five-year term commencing from July 27, 2026, subject to shareholder approval via a special resolution at the ensuing general meeting. He is not liable to retire by rotation. Mr. Khadriya, a Managing Partner at M/s SRC & Co., has over 15 years of experience in corporate advisory, specializing in secretarial audits, legal due diligence, FEMA compliance, and complex corporate transactions such as mergers and IPOs. The filing confirms he is not debarred from holding office by any SEBI order.

The Board also addressed the secretarial audit function. M/s Anuj Gupta & Associates (FRN: S2015DE314800) was appointed as Secretarial Auditor to fill the casual vacancy caused by the resignation of M/s Jay Mehta & Associates. This interim appointment covers the remainder of financial year 2025-26. Furthermore, subject to member approval, M/s Anuj Gupta & Associates was appointed for a regular five-year term covering financial years 2026-27 through 2030-31, in compliance with Regulation 24A(1) of the SEBI Listing Regulations. The firm possesses more than ten years of experience in company secretarial work and corporate compliance.

Appointment Details

Regulatory Compliance

These disclosures were made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations, 2015. The Board also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the specific disclosures for these appointments and resignations. The meeting commenced at 06:00 p.m. and concluded at 06:15 p.m.

Oswal Green Tech Limited’s secretarial auditor, M/s. Jay Mehta & Associates, has resigned effective June 20, 2026, citing frequent changes in the Board of Directors and Key Managerial Personnel (KMPs) as the reason for their departure. The resignation impacts the firm’s oversight for the financial year 2025-26, during which it was originally appointed for a five-year term ending in FY30. The auditor confirmed there are no material concerns or unresolved matters related to the company's affairs that require the Board's attention beyond the stated reason.

The resignation was submitted to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In its communication, the auditor clarified that the decision was driven solely by the instability in the company's leadership structure and not by any financial discrepancies or governance failures. The firm had been appointed for a consecutive five-year term commencing from financial year 2025-26.

Oswal Green Tech stated that its Audit Committee and the Board will consider the appointment of new secretarial auditors in due course. The company has committed to informing the exchanges once a new appointment is finalized. The disclosure was made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

The following table outlines the key particulars regarding the cessation of the secretarial auditor's role:

M/s. Jay Mehta & Associates, a firm of Company Secretaries, was serving as the statutory secretarial auditor. The resignation letter, signed by Proprietor Jay Dilipkumar Mehta, explicitly ruled out any other reasons for the departure and affirmed that no significant issues were left unaddressed with the Board.