Oswal Agro Mills Ltd Appoints Three Additional Non-Executive Independent Directors
Oswal Agro Mills Ltd has appointed three additional Non-Executive Independent Directors to its Board of Directors. The appointments were approved by the Company's Board of Directors and will take effect from June 11, 2026, subject to approval by shareholders in the ensuing Annual General Meeting.The company extended a one year term for all three positions.
The newly appointed directors are Mr. Vimal Bhatnagar, Ms. Prerna Singh, and Mr. Babu Ram Somani. These appointments signify an expansion of independent oversight within the company's governance structure.
Details regarding the profiles, experience, and relationships of the appointees are summarized below:
| Director Name | Professional Qualification / Key Experience | External Roles & Affiliations | Term Details |
|---|---|---|---|
| Mr. Vimal Bhatnagar | Holds a Master of Commerce from Himachal University, CFA from ICFAI, and diplomas in Business Finance and Network Centered Computing from NIIT. Started professional career in 1994 as a Faculty of Accounts at M/s. Self Employed, India. | Is an Independent director with Vegorama Punjabi Angithi Limited (a BSE listed entity). | Appointed for 1 year, effective June 11, 2026. |
| Ms. Prerna Singh | A practising Company Secretary with over nine years of experience in corporate governance and statutory compliance. Holds a Bachelor of Commerce degree from Delhi University. | Is an Independent Director at AK Infradream Limited. Has served as an Independent Director on the boards of listed companies. | Appointed for 1 year, effective June 11, 2026. |
| Mr. Babu Ram Somani | A qualified Chartered Accountant with experience advising industries in manufacturing, the FMCG sector, and import-export houses. Focuses on taxation, project finance, data analysis, planning, and compliance. | None stated. | Appointed for 1 year, effective June 11, 2026. |
Regarding relationships between directors, all three appointees confirmed that they are not related to any existing Director on the Board of the Company. Furthermore, it was confirmed that none of the individuals are debarred from accessing the capital markets or restricted from holding the position of Director in any listed Company by virtue of any order of regulatory authorities.
OSWALAGRO Stock Price Movement
Oswal Agro Mills Limited closed today, settling slightly up after gaining 0.12% to reach a closing price of ₹42.53. The stock traded within a range of ₹42.03 and ₹44.57 during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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