Oswal Agro Mills Limited has submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Ltd. regarding the resignation of their Secretarial Auditor.
The company disclosed that M/s. Jay Mehta & Associates (Membership No.: F8672, COP No.: 8694), who was appointed as Secretarial Auditors for a five-year term commencing from financial year 2025-26 till financial year 2029-30, has tendered their resignation effective June 20, 2026.
The resignation reason cited in the attached letter is "frequent changes in the Board of Directors and KMPs" (Key Managerial Personnel). The auditor specifically confirmed that there are no other reasons for resignation and no material concerns or unresolved matters that need to be brought to the Board's attention regarding company affairs.
The Audit Committee and Board of Directors will consider the appointment of new Secretarial auditors in due course, with subsequent intimation to be provided.
The document was signed by Aruna Oswal (DIN: 00988524), Chairperson of the company, on July 20, 2026.
Financial Impact
Financial impact not quantified in the disclosure.