Omansh Enterprises Limited has announced key developments following its recent board meeting, including the approval of financial results and significant changes to its board committees.

Financial Results Approval

The Board of Directors of Omansh Enterprises Limited convened on October 31, to review and approve the unaudited financial results for the quarter and half-year ended September 30. The financial statements were subject to a limited review by the company's auditors, Singhi Chugh Kumar Chartered Accountants.

Board Committee Restructuring

In a move to strengthen its corporate governance, Omansh Enterprises has announced substantial changes to two of its key committees:

Audit Committee Reconstitution

The Audit Committee has been reconstituted with the following structure:

Stakeholders Relationship Committee Revamp

The Stakeholders Relationship Committee has also undergone changes, notably with the resignation of Krishan Kumar Jalan from this committee. The new structure is as follows:

These changes in committee compositions reflect the company's commitment to maintaining robust corporate governance practices. All newly appointed committee members hold the position of Non-Executive Independent Directors, which is aimed at ensuring impartial oversight and decision-making within these crucial corporate bodies.

The board meeting, which commenced at 12:00 Noon and concluded at 02:20 P.M., was held at the company's registered office. These developments were disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investors and stakeholders are advised to take note of these changes, as they may have implications for the company's governance structure and decision-making processes going forward.

Omansh Enterprises Limited has announced significant changes to its board composition and leadership structure following a shareholders' meeting held on September 30, 2025. The company has appointed four new independent directors and made several other key appointments, signaling a strategic move to enhance its governance and operational capabilities.

Board Expansion and New Appointments

The shareholders approved the appointment of four independent directors:

1. Krishan Kumar Jalan: A former Indian Administrative Service officer with 35 years of experience, Jalan has served on the boards of prominent companies such as UNO Minda Limited, Titagarh Rail Systems Limited, and PNC Infratech Limited.

2. Parvesh Gupta: A Chartered Accountant bringing financial and compliance expertise to the board.

3. Jyoti Gupta: Currently serving as the director-principal at KR Mangalam World School, Greater Kailash II (Delhi), Gupta brings over three decades of experience in education.

4. Sudesh Gupta: With 18 years of leadership experience across real estate, manufacturing, and business development sectors.

Executive Appointments and Regularizations

The shareholders also approved several executive appointments:

• Avnish Jindal: Regularized as a Director and appointed as Whole-time Director. Jindal holds a Masters in Marketing from the University of Bath and has over a decade of experience in food grains, textile, and oil & gas industries.

• Piyush Gupta: Regularized as a Director, bringing 15 years of experience in iron, steel, and oil & gas sectors.

• Nilesh Jindal: Regularized as a Director, with diverse experience in real estate, textile manufacturing, and bio-pesticide manufacturing.

• Purshottam Kumar Gupta: Regularized as a Director, contributing 42 years of experience in steel, oil, and gas industries.

New Statutory Auditor

In addition to the board changes, the shareholders approved the appointment of Singhi Chugh & Kumar, Chartered Accountants, as the company's new statutory auditors. The firm brings over 30 years of experience in statutory audits and serves a diverse client base across multiple locations.

Other Key Decisions

The shareholders also approved:

• The audited financial statements for the year ended March 31, 2025.
• Authorization for availing borrowing facilities on behalf of the company.

Conclusion

These appointments and decisions reflect Omansh Enterprises' commitment to strengthening its leadership team and corporate governance structure. The diverse expertise of the new board members, spanning sectors such as public administration, finance, education, and various industries, is expected to contribute significantly to the company's strategic direction and growth initiatives.

The 50th Annual General Meeting, held through video conferencing, saw the participation of 17 shareholders, including 2 from the promoter and promoter group and 15 from the public. The meeting, which began at 3:00 PM IST, concluded at 3:44 PM after addressing all agenda items and allowing for e-voting.