Meeting Details

  • Date: Tuesday, 29th September, 2026
  • Time: 11.45 A.M.
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Type: 42nd Annual General Meeting
  • Compliance: Conducted in compliance with Section 96 of the Companies Act, 2013 read with relevant circulars issued by Ministry of Corporate Affairs (MCA) and SEBI circulars, including latest General Circular No. 03/2025 dated 22.09.2025

Resolutions Transacted

The following 8 resolutions were transacted at the meeting:

Ordinary Business

1. Adoption of both Standalone and Consolidated financial statements of the Company for the year ended on 31st March, 2026 as an Ordinary Resolution

2. To declare dividend on equity shares for the financial year 2025-26 as an Ordinary Resolution

3. To appoint a director in place of Sh. Navdeep Sharma (DIN: 00454285), who retires by rotation and offers himself for re-appointment as an Ordinary Resolution

Special Business

4. To approve the remuneration of cost auditor for the financial year 2026-27 as an Ordinary Resolution

5. To approve the payment of minimum remuneration to Mr. Kamal Oswal, Managing Director in case of no profits or inadequacy of profits as a Special Resolution

6. To seek approval of shareholders for sale of obsolete machineries and development of land of Arham Spinning Mills, a Unit of the company as a Special Resolution

7. To approve advancing/granting any loan or give guarantee or to provide security to all such person under section 185 of the Companies Act, 2013 as a Special Resolution

8. To approve the amendment in object clause of Memorandum of Association of the company as a Special Resolution

Voting Process and Methods

The voting process was conducted as follows:

  • Remote e-voting facility was provided through Central Depository Services (India) Ltd. (CDSL)
  • Remote e-voting period: Saturday, 26th September, 2026 at 9:00 A.M. to Monday, 28th September, 2026 at 5:00 P.M.
  • Cut-off date (record date): 22.09.2026
  • E-voting during AGM remained open for half an hour from conclusion of the AGM for members who had not cast votes by remote e-voting
  • Mr. P.S. Bathla, Proprietor of M/s. P.S. Bathla & Associates, Company Secretary in Practice, was appointed as Scrutinizer
  • Proxy facility was not available as the AGM was convened through VC/OAVM

Voting Outcomes

  • All 8 resolutions set out in the Notice of 42nd Annual General Meeting were duly passed with requisite majority
  • The consolidated results of e-voting (remote e-voting and e-voting during AGM) were disseminated to Stock Exchanges at www.bseindia.com and www.nseindia.com
  • Results were uploaded on company website (www.owmnahar.com) and CDSL website (www.evotingindia.com)

Meeting Proceedings and Attendance

The meeting was attended by:

  • Sh. Mukesh Sood, Company Secretary & Compliance Officer (who commenced the meeting)
  • Mr. Jawahar Lal Oswal, Chairman
  • Mr. Kamal Oswal, Vice Chairman-cum-Managing Director
  • Mr. Dinesh Oswal, Non-Executive Director
  • Mr. Abhinav Oswal, Executive Director
  • Mr. Dinesh Gogna, Non-Executive Director and Chairman of Stakeholders Relationship Committee
  • Mr. Navdeep Sharma, Non-Executive Director
  • Dr. Roshan Lal Behl, Independent Director and Chairman of Audit Committee
  • Dr. Yash Paul Sachdeva, Independent Director and Chairman of Nomination & Remuneration Committee
  • Dr. Manisha Gupta, Independent Director
  • Dr. Anchal Kumar Jain, Independent Director
  • Dr. Prem Lata Singla, Independent Director
  • Representative of M/s. K R Aggarwal & Associates, Statutory Auditors
  • Mr. Bharat Bhushan Gupta, Chief Financial Officer
  • Mr. Parminder Singh Bathla, Proprietor of M/s. P.S. Bathla & Associates, Secretarial Auditor and Scrutinizer

Additional Information

  • The Chairman addressed members about business performance, financials, and warehouse and real estate initiatives
  • One shareholder query was received from Mr. Deepak Maheshwari (CDSL Demat Account Nos. 1208160000065546 holding 44,506 shares and 1304140001674480 holding 1,687 shares, total 46,193 equity shares), which was replied by Mr. Kamal Oswal
  • Auditors Report for financial year 2025-26 contained no qualifications or adverse remarks
  • Secretarial Audit Report for the year under review contained no observations or adverse remarks
  • Quorum was present at the beginning and throughout the Meeting
  • Meeting concluded at 12.40 P.M. (including time allowed for e-voting at AGM)

Compliance Confirmation

The meeting was conducted in compliance with:

  • Section 96 of the Companies Act, 2013
  • Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars and SEBI Circulars
  • Companies (Management and Administration) Rules, 2014