Oswal Leasing 42nd AGM Notice and Annual Report 2025-26

Paid-up Equity Share Capital: ₹50,00,000 (unchanged from previous year)
Revenue from Operations: ₹13,98,884 (Interest Income)
Other Income: ₹9,270
Total Income: ₹14,08,154
Net Loss for FY 2025-26: ₹5,21,345 (compared to ₹2,15,528 loss in previous year)
Total Comprehensive Income: ₹(7,97,470) loss (including other comprehensive income of ₹(2,76,125))
Earnings Per Share: ₹(1.04) basic and diluted
Total Assets: ₹2,82,742.23
Loans Outstanding: ₹1,81,00,000 (to Oswal Woollen Mills Limited)
Investments: ₹86,08,000 (in Vanaik Spinning Mills Ltd)
Cash and Cash Equivalents: ₹1,30,328
Employee Benefit Expenses: ₹10,66,201
Sitting Fees to Directors: ₹25,000 each (total ₹1,25,000)

AGM Date: September 28, 2026 at 2:30 PM through Video Conferencing
Book Closure Date: September 22, 2026 to September 28, 2026 (both days inclusive)
Remote E-voting Period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
Cut-off Date for Voting: September 21, 2026
Statutory Auditor Resignation: August 10, 2026 (M/s V. V. Bhalla & Co.)
New Auditor Appointment: August 10, 2026 (M/s K R Aggarwal & Associates)

Statutory Auditors: M/s K R Aggarwal & Associates (Firm Registration No. 030088N) appointed from August 10, 2026
Previous Auditors: M/s V. V. Bhalla & Co. (resigned effective August 10, 2026)
Internal Auditors: M/s Raj Gupta & Co.
Secretarial Auditors: M/s M.G. Jindal & Associates
Registrar and Share Transfer Agent: Alankit Assignments Limited
Banker: Indian Bank
Key Managerial Personnel: Mr. Ravi Kumar (Manager Cum CFO), Ms. Mani Saggi (Company Secretary)

Sh. Kamal Oswal (Chairman, DIN: 00493213) - Retiring by rotation, seeking re-appointment
Sh. Dinesh Gogna (Director)
Smt. Monica Oswal (Director)
Dr. Roshan Lal Behl (Independent Director, DIN: 06443747) - Seeking re-appointment for second term
Dr. Manisha Gupta (Independent Director, DIN: 06910242) - Seeking re-appointment for second term

1. Adoption of audited financial statements for FY 2025-26

2. Re-appointment of Sh. Kamal Oswal as director retiring by rotation

3. Appointment of M/s K R Aggarwal & Associates as statutory auditors to fill casual vacancy (Ordinary Resolution)

4. Appointment of M/s K R Aggarwal & Associates as statutory auditors for 5 years from conclusion of 42nd AGM to 47th AGM (Ordinary Resolution)

5. Re-appointment of Dr. Roshan Lal Behl as independent director for second term of 5 years (Special Resolution)

6. Re-appointment of Dr. Manisha Gupta as independent director for second term of 5 years (Special Resolution)

7. Approval for borrowing limits up to ₹100 crores under Section 180(1)(c) (Special Resolution)

8. Approval for creation of mortgage/charge on assets under Section 180(1)(a) (Special Resolution)

9. Approval for investments, loans, guarantees up to ₹30 crores under Section 186 (Special Resolution)

10. Approval for transactions with entities where directors are interested under Section 185 (Special Resolution)

No dividend declared for FY 2025-26 due to losses
No material changes or commitments affecting financial position between year-end and report date
No fraud reported by auditors under Section 143(12)
No outstanding public deposits
No significant or material orders passed by regulators/courts
Company registered as Non-Banking Financial Company (Non-deposit taking) with RBI

No change in share capital during the year
No issuance of shares, convertible securities, or stock options
Promoter shareholding: Nagdevi Trading & Investment Co Ltd (7.81%), Sankheshwar Holding Co Ltd (7.80%), Kovalam Investment and Trading Co. Ltd. (7.74%)

Board met 5 times during the year
All applicable committees constituted (Audit, Stakeholders Relationship, Nomination and Remuneration, Share Transfer, Risk Management)
Company has vigil mechanism/whistle blower policy in place
No sexual harassment complaints received during the year
Corporate governance provisions under Regulation 15(2) of SEBI LODR not applicable due to size

Annual Report available on company website: https://www.owmnahar.com/leasing_ltd/annualreports.php
Shares can be transferred only in dematerialized form as per SEBI mandate
Company encourages green initiative for electronic communication
Administrative Office: Premises Oswal Woollen Mills Limited, G.T. Road, Sherpur, Ludhiana-141 003, Punjab