Western Overseas Study Abroad Limited has appointed Ms. Ruchika Ohri as its Chief Financial Officer (CFO) effective July 10, 2026. This decision follows the resignation of Mr. Jatin Kumar from the post of CFO and Key Managerial Personnel due to personal commitments, also effective July 10, 2026. The company confirmed there are no other material reasons for the resignation of the outgoing CFO.

The Board of Directors approved the appointment during its meeting held on July 10, 2026. The selection was based on the recommendation of the Nomination and Remuneration Committee. Ms. Ohri is a qualified Chartered Accountant with over 10 years of experience in finance, accounting, taxation, auditing, banking operations, and financial management.

Profile of the New CFO

Ms. Ruchika Ohri holds a Bachelor of Science (B.Sc.) in Economics. She has previously worked with reputed organizations, including Axis Bank. Additionally, she partnered with CA Lochan Kundra for approximately two years, handling tax audits, income tax returns, TDS compliance, and concurrent audit. Her expertise includes financial planning, internal controls, and accounting operations.

Updated Key Managerial Personnel

Pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the updated contact details of its Key Managerial Personnel responsible for determining materiality and making disclosures to the Stock Exchanges.

The Board placed on record its appreciation for the valuable services rendered by Mr. Jatin Kumar during his tenure. The company has also confirmed that the outgoing CFO will extend full cooperation in handing over records and responsibilities.

Western Overseas Study Abroad Ltd has entered into an agreement with RACUS GROUP, Russia, to recruit Indian students for Russian state universities. The company will act as a representative for the group of universities, attracting and recruiting citizens of India to study at the specified higher education institutions. This collaboration is expected to enhance the company's international presence and strengthen its position in the overseas education consultancy sector.

The agreement authorizes the company to prepare and transfer application documents of candidates to the universities in accordance with the requirements of the admission committees and the Ministry of Science and Higher Education of the Russian Federation. The agreement was entered into in the ordinary course of business.

The promoter or promoter group of the company does not have any interest in the university, and the agreement does not fall within the ambit of related party transactions. The company submitted the intimation to BSE Limited on July 3, 2026.

Key Details of the Agreement