Oswal Pumps has authorised its Key Managerial Personnel (KMPs) to determine the materiality of events or information and to make corresponding disclosures to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This delegation of authority, effective August 08, 2026, streamlines the company’s compliance process by empowering senior executives to assess and disclose material information promptly without requiring prior board approval for every instance.

The move aligns with regulatory expectations for timely market communication, ensuring that investors receive critical information as soon as it becomes available to the company. By specifying which executives hold this authority, Oswal Pumps clarifies its internal governance structure regarding continuous disclosure obligations.

The following KMPs have been granted this authority:

The company notified both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited of this decision on August 08, 2026. The intimation was issued pursuant to Regulation 30(5) of the Listing Regulations, which mandates that listed entities specify the personnel authorised to determine materiality and make disclosures.

Governance Implications

This authorisation reinforces the accountability of top management in maintaining transparency with stakeholders. Vivek Gupta, as Chairman and Managing Director, leads the strategic direction, while Vijay Kumar Yadav oversees financial reporting, and Anish Kumar ensures compliance adherence. Their collective authority ensures a balanced approach to evaluating what constitutes material information for public disclosure.

Oswal Pumps Limited has appointed CA Vijay Kumar Yadav as its Chief Financial Officer, effective August 08, 2026. The company’s Board of Directors also approved the re-appointment of Vivek Gupta as Chairman and Managing Director for a further period of five years, effective March 04, 2027. These appointments strengthen the executive leadership team of the pump and motor manufacturer, which operates in the solar, domestic, agriculture, and industrial sectors.

The decisions were taken during a Board meeting held on August 08, 2026, in Karnal, Haryana. The appointment of Mr. Yadav was made on the recommendation of the Nomination and Remuneration Committee and with the approval of the Audit Committee. The re-appointment of Mr. Gupta follows the recommendation of the Nomination and Remuneration Committee and is subject to the approval of the Members of the Company at the upcoming general meeting.

Vijay Kumar Yadav brings over 21 years of experience in corporate finance, strategic financial management, and regulatory compliance. He joined Oswal Pumps Limited as Senior GM-Finance on June 22, 2026. Prior to this role, he served as Chief Financial Officer at Duroply Industries Limited. His career also includes senior finance leadership positions at Gold Plus Glass Industry Limited, Wires, Fabriks (S.A.) Limited, and Texplas Group of Companies. In these roles, he led IPO readiness, financial transformation, capital structuring, and working capital optimization initiatives.

Vivek Gupta, the Promoter and Chairman and Managing Director, has been with the company since 2006. He holds a bachelor’s degree in commerce from Kurukshetra University and has over 18 years of experience in the pumps manufacturing industry. He was first appointed to the Board of Directors on September 22, 2006. Mr. Gupta received the Nation's Udyog Ratan Award from the Indian Organisation for Business Research & Development in 2005.

Key Appointments

Regulatory Disclosures

The company made these disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Additionally, the company confirmed compliance with BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24, both dated June 20, 2018. The disclosure states that Mr. Vivek Gupta is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Mr. Vivek Gupta is the father of Mr. Amulya Gupta, Whole Time Director, and Mr. Shivam Gupta, Whole Time Director. This familial relationship is disclosed as per regulatory requirements regarding relationships between directors.