OSWAL OVERSEAS LTD.

Oswal Overseas Ltd has announced the resignation of Mr. Anoop Kumar Srivastava as a Director, effective July 16, 2026. The resignation was formally accepted on July 17, 2026. The company has provided the necessary disclosures as per SEBI regulations, citing 'other professional commitments and health issues' as the reasons for his departure. Mr. Srivastava's DIN is 07052640. The company is taking steps to update its records with the Registrar of Companies.

Oswal Overseas Ltd and L H Sugar Factories Limited have reached an amicable settlement in a case before the National Company Law Appellate Tribunal (NCLAT). The NCLAT noted the settlement agreement and consent terms placed on record. While the NCLAT observed that parties must approach the Adjudicating Authority for withdrawal of the Corporate Insolvency Resolution Process (CIRP) under Section 12A of the IBC, it directed the Interim Resolution Professional (IRP) not to take further steps pending the next hearing on July 8, 2026. The NCLAT is disposing of the appeal on merits, allowing the IRP to file a reply.

Oswal Overseas Ltd's appeal before the Hon'ble National Company Law Appellate Tribunal (NCLAT) was dismissed as withdrawn following an amicable settlement with LH Sugar Factories Limited, the Financial Creditor. As part of the settlement, Oswal Overseas paid ₹2.80 Crore via demand draft, and LH Sugar Factories Limited confirmed its financial debt was fully and finally discharged. The NCLAT directed that if an application under Section 12A of the Insolvency and Bankruptcy Code, 2016, is filed, the Interim Resolution Professional (IRP) may collate claims and constitute the Committee of Creditors (CoC), but must not invite Expression of Interest (EOI) until the application is disposed of by the Adjudicating Authority. The company will continue to inform the Stock Exchange of further developments.

Oswal Overseas Ltd has announced the closure of its trading window for dealing in the company's securities by insiders. This closure is effective from July 1, 2026, and will remain in effect for 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The restriction applies to all designated persons and their immediate relatives, in accordance with the company's Insider Trading Code of Conduct and SEBI regulations. The date of the board meeting to consider these financial results will be communicated separately. The company will also make this information available on its website.

Oswal Overseas Limited has been admitted into Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), New Delhi Bench. The application was filed by L H Sugar Factories Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The NCLT appointed Mr. Mansij Arya as the Interim Resolution Professional (IRP). The financial creditor, L H Sugar Factories Limited, had disbursed a loan of ₹2,25,00,000/- to Oswal Overseas Limited in September and October 2024, which was due for repayment by November 30, 2024. Oswal Overseas Limited failed to repay the loan, leading to the initiation of CIRP.

Oswal Overseas Ltd's Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026. The company reported a net loss of ₹916.99 lakhs for the year ended March 31, 2026. M K Singhal & Co., Cost Accountants, were appointed as the Cost Auditor and P. D. Ramanand & Co., Chartered Accountants as the Internal Auditor for the Financial Year 2026-27.

Oswal Overseas Ltd reports that its paid-up equity share capital as of March 31, 2026, was ₹6,46,10,500 and its net worth was negative ₹-9,55,58,806. As a result, certain SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including those related to the disclosure of Related Party Transactions on a consolidated basis, are not applicable to the company for the quarter and year ended March 31, 2026.

Oswal Overseas Ltd's Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026. The company reported a net loss of ₹916.99 lakhs for the year. They appointed M K Singhal & Co. as Cost Auditor and P. D. Ramanand & Co. as Internal Auditor for FY 2026-27, subject to member ratification at the AGM. The meeting, held on May 30, 2026, commenced at 03:00 P.M. and concluded at 04:15 P.M.

Oswal Overseas Ltd has appointed Mr. Inder Pal Wadhwa as the Chief Financial Officer (CFO) and Key Managerial Personnel, effective from May 28, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee during a Board of Directors meeting held on the same date. Mr. Wadhwa brings over 10 years of experience in finance and accounts, with expertise in financial management, banking coordination, and financial operations.

Oswal Overseas Ltd has scheduled a meeting of its Board of Directors on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held at the company's registered office in New Delhi.