Change in Director / Key Managerial Personnel

Nature of change: Appointment of Managing Director & Vice Chairperson

Name and DIN: Mr. Shael Oswal (DIN: 00256956)

Effective date and tenure: Appointment effective October 1, 2026 for a term of 3 (three) consecutive financial years

Brief profile: Mr. Shael Oswal belongs to the Oswal Family, which has diverse business interests in commodity trading and real estate. He is a Commerce graduate and a seasoned entrepreneur with over 25 years experience in setting up manufacturing, real estate and trading organizations in India and across the region. He has demonstrated exceptional capabilities in establishing marketing networks in domestic as well as global markets. Proven expertise in corporate governance and highly process driven approach for ultimate standardization of corporates are his highlighted strengths.

Relationship with other directors: Mr. Shael Oswal forms part of the Promoter Group of the Company and is related to Ms. Aruna Oswal, Director & Chairperson of the Company.

Confirmation of eligibility: Mr. Shael Oswal is not debarred from holding the office of director by the Securities and Exchange Board of India or any other regulatory authority.

Key Financial or Operational Approvals

Auditor Appointments Approved at 46th AGM:

1. Statutory Auditor Appointment (Casual Vacancy): M/s. BGMG & Associates, Chartered Accountants (FRN: 025265N) appointed to fill casual vacancy caused by resignation of M/s. Mehta Chokshi & Shah LLP, Chartered Accountants, Mumbai (FRN: 106201W/W100598). Term: Until conclusion of 46th AGM. Originally appointed by Board on August 24, 2026 under Section 139(8) of Companies Act, 2013.

2. Statutory Auditor Long-term Appointment: M/s. BGMG & Associates appointed for five consecutive years from conclusion of 46th AGM until conclusion of 51st AGM in 2031. Will conduct statutory audit for financial years 2026-27 to 2030-31.

3. Secretarial Auditor Appointment (Casual Vacancy): M/s. Anuj Gupta & Associates, Practising Company Secretaries (FRN: S2015DE314800) appointed to fill casual vacancy caused by resignation of M/s. Jay Mehta & Associates, Company Secretaries (FRN: S2009MH122400). Term: To conduct secretarial audit for FY2025-26 and hold office until conclusion of 46th AGM. Originally appointed by Board on July 27, 2026.

4. Secretarial Auditor Long-term Appointment: M/s. Anuj Gupta & Associates appointed for 5 consecutive financial years commencing from FY2026-27 up to FY2030-31 pursuant to Section 204 of Companies Act, 2013 and Regulation 24A of Listing Regulations.

Any Other Material Information

Auditor Profiles:

  • BGMG & Associates: Firm of Chartered Accountants founded in 2012 with strength of professionals comprising Chartered Accountants, Company Secretaries, Advocates and MBAs. Serves over 100 corporate clients. Specializations include statutory audit under IGAAP, Ind AS and IFRS; tax audit under Income-tax Act, 1961; internal and risk-based audit; stock and inventory audit; special purpose and management audit; transaction due diligence; direct and indirect taxation; virtual CFO and business process outsourcing services; fund raising and initial public offer advisory; legal advisory services.
  • Anuj Gupta & Associates: Possessing more than ten years' experience of Company Secretarial work; they represent themselves as Compliance Consultant in Body Corporate, LLPs and Firms. Handles all types of Corporate Compliance under Companies Act, Listing Agreement, related applicable corporate laws & legal matters. Experience includes liaison with Banks and Government Authorities such as Ministry of Corporate Affairs, Registrar of Companies, National Company Law Tribunal, Regional Director and related Departments.

Regulatory Compliance: All disclosures made pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Company Details: Oswal Agro Mills Limited, Scrip Code: 500317 (BSE), NSE Symbol: OSWALAGRO

Event Date: 46th Annual General Meeting held on Tuesday, September 29, 2026 at 03:00 P.M. (IST) through Video Conferencing / Other Audio-Visual Means