Oswal Greentech Ltd

Oswal Greentech Ltd announced the incorporation of a new subsidiary in Dubai, UAE, aimed at expanding its international business presence and undertaking real estate development. The company will hold a 95% stake in this subsidiary, with an initial investment of AED 40 Million. Concurrently, the Board of Directors accepted the resignation of its Internal Auditor, M/s Siddharth S. Kothari & Co, due to personal reasons. The board meeting where these decisions were made commenced at 2:00 p.m. IST and concluded at 3:40 p.m. IST on June 22, 2026.

Oswal Greentech Ltd announced the incorporation of a new subsidiary in Dubai, UAE, aimed at expanding its international business presence and undertaking real estate development. The company will hold a 95% stake in this subsidiary, with an initial investment of AED 40 Million. Concurrently, the Board of Directors accepted the resignation of the company's Internal Auditor, M/s Siddharth S. Kothari & Co, due to personal reasons. The Board meeting where these decisions were made took place on June 22, 2026.

Oswal Greentech Ltd announced the resignation of four Non-Executive Independent Directors: Mrs. Kiran Vohra, Mrs. Isha Deepak Shah, Mr. Gaurav Chawla, and Mr. Umang Shah. The resignations are effective from June 11, 2026. Reasons cited include personal circumstances, pre-occupation, and other commitments. The departing directors held key positions and memberships in various board committees, including Audit, Nomination and Remuneration, Stakeholders Relationship, and Corporate Social Responsibility committees.

Oswal Greentech Ltd has announced the appointment of Mr. Vimal Bhatnagar, Ms. Prerna Singh, and Mr. Babu Ram Somani as Additional Non-Executive Independent Directors. Their appointments are effective from June 11, 2026, for a term of one year, subject to shareholder approval at the upcoming Annual General Meeting. This move is based on the recommendation of the Nomination and Remuneration Committee and aims to strengthen the company's board governance.

Oswal Greentech Ltd announced the resignation of its Chief Financial Officer (CFO), Mr. Moxit Modi, effective June 2, 2026. The resignation is attributed to personal and family commitments. Mr. Modi will cease to be a Key Managerial Personnel from the close of business hours on his last day. The company has provided detailed disclosures as required by SEBI regulations, including the resignation letter and reasons for the change.

Oswal Greentech Ltd has reported a fraudulent conduct and unauthorized acts involving its former authorized representative, Mr. Vishnu Prasad Muddana, related to a proposed property transaction at Rishra Village. The estimated impact on the company is ₹14.58 Crores. Mr. Muddana, who previously served as CFO of Oswal Agro Mills Limited, allegedly engaged in collusion and misrepresentation despite termination of his authorities. The company has initiated legal proceedings and issued a legal notice. The board also approved the annual audited financial results with a modified opinion from the statutory auditors, Mehta Chokshi & Shah LLP.

Oswal Greentech Ltd has announced its audited financial results for the quarter and year ended March 31, 2026. The results, reviewed by the Audit Committee and approved by the Board of Directors on May 26, 2026, include a modified audit opinion from M/s Mehta Chokshi & Shah LLP. Additionally, the company reported alleged fraudulent conduct and unauthorized acts involving a former authorized representative, Mr. Vishnu Prasad Muddana, related to a property transaction with an estimated impact of ₹14.58 Crores. Legal proceedings have been initiated.

Oswal Greentech Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results, i.e., until May 28, 2026.

Oswal Greentech Ltd responded to a stock exchange query regarding significant movement in its share price. The company stated that it has made all necessary disclosures as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It confirmed that no material information or impending announcement has been withheld that would impact the scrip's price or volume behavior. The company attributes the significant movement in share price and volume purely to market conditions and market forces, reiterating its commitment to inform stock exchanges about any future price-sensitive information.

Oswal Greentech Ltd has announced a special window for the re-lodgement of transfer requests of physical shares. The window will be open for six months from July 07, 2025 till January 06, 2026. The company has provided Annexure A for the details of re-lodgement under this special window. The report includes the number of requests received, processed, approved, and rejected during the months of July, 2025 to January, 2026. The average time taken for processing these requests is also provided.