StockWatch
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Compressors, Pumps & Diesel Engines
Management Change8 Aug 2026, 08:00 pm

Oswal Pumps Reappoints Vivek Gupta as CMD, Appoints Vijay Yadav as CFO

AI Summary

Oswal Pumps Ltd announced key management changes following a Board of Directors meeting held on August 08, 2026. Mr. Vivek Gupta has been re-appointed as the Chairman and Managing Director for a further period of five years, effective March 04, 2027. Additionally, Mr. Vijay Kumar Yadav has been appointed as the Chief Financial Officer, effective August 08, 2026. Both appointments were made on the recommendation of the Nomination and Remuneration Committee, with Mr. Yadav's appointment also approved by the Audit Committee. The meeting commenced at 1600 hours and concluded at 1900 hours.

Key Highlights

  • Vivek Gupta re-appointed Chairman and MD for five years from March 4, 2027.
  • Vijay Kumar Yadav appointed as Chief Financial Officer effective August 8, 2026.
  • Appointments approved by Nomination and Remuneration Committee.
  • Mr. Gupta has over 18 years of experience in the pumps industry.
  • Mr. Yadav is a Chartered Accountant with over 21 years of finance experience.