StockWatch
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Diversified Commercial Services
Auditor10 Aug 2026, 05:00 pm

Oswal Leasing Appoints New Statutory Auditors Amidst Resignation

AI Summary

Oswal Leasing Ltd announced a change in its statutory auditors during a Board of Directors meeting held on August 10, 2026. M/s V. V. Bhalla & Co. resigned as statutory auditors, citing inability to continue. The Board accepted their resignation and, on the recommendation of the Audit Committee, approved the appointment of M/s K R Aggarwal & Associates as the new statutory auditors to fill the casual vacancy. This appointment is subject to shareholder approval at the upcoming AGM, after which M/s K R Aggarwal & Associates will be appointed for a term of five years. The company also re-appointed Dr. Roshan Lal Behl and Dr. Manisha Gupta as Independent Directors for a second term of five years, subject to shareholder approval.

Key Highlights

  • Oswal Leasing's statutory auditors, V. V. Bhalla & Co., have resigned.
  • K R Aggarwal & Associates appointed as new statutory auditors.
  • Appointment subject to shareholder approval at the ensuing AGM.
  • Two Independent Directors re-appointed for a second five-year term.