Change in Management

Oswal Agro Mills Limited September 29, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Fort, Block G, Bandra-Kurla Complex, Mumbai – 400 001. Bandra (East), Mumbai – 400 051. Scrip Code: 500317 NSE Symbol: OSWALAGRO Subject: Intimation under regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Dear Sir/ Madam, In compliance with regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform that the shareholders of the Company at their 46th Annual General Meeting (“AGM”) held on Tuesday, September 29, 2026 at 03:00 P.M. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) have, inter alia, approved the following: 1) Appointment of M/s. BGMG & Associates, Chartered Accountants (FRN: 025265N), as Statutory Auditors of the Company to fill the casual vacancy caused by the resignation of M/s. Mehta Chokshi & Shah LLP, Chartered Accountants, Mumbai (FRN: 106201W/W100598), to hold office until the conclusion of the 46th AGM. The disclosure pursuant to regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-I to this letter. 2) Appointment of M/s. BGMG & Associates, Chartered Accountants (FRN: 025265N), as Statutory Auditors of the Company for a term of five consecutive years, from the conclusion of the 46th AGM until the conclusion of the 51st AGM of the Company to be held in the year 2031. The disclosure pursuant to regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-II to this letter. 3) Appointment of M/s. Anuj Gupta & Associates, Practising Company Secretaries (FRN: S2015DE314800), as Secretarial Auditor of the Company to fill the casual vacancy caused by the resignation of M/s. Jay Mehta & Associates, Company Secretaries (FRN: 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalagromills.com W: www.oswalagromills.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91-161-2544238 | CIN: L15319PB1979PLC012267 Oswal Agro Mills Limited S2009MH122400), to conduct the Secretarial Audit for the financial year 2025-26 and to hold office up to the conclusion of the 46th AGM. The disclosure pursuant to regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-III to this letter. 4) Appointment of M/s. Anuj Gupta & Associates, Practising Company Secretaries (FRN: S2015DE314800), as Secretarial Auditor of the Company for a term of 5 (five) consecutive financial years, commencing from the financial year 2026-27 up to the financial year 2030- The disclosure pursuant to regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-IV to this letter. 5) Appointment of Mr. Shael Oswal (DIN: 00256956) as the Managing Director & Vice Chairperson of the Company and approval of the remuneration payable to him. The disclosure pursuant to regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-V to this letter. You are hereby requested to take the above information on record. Thanking you, FOR OSWAL AGRO MILLS LIMITED ARUNA OSWAL CHAIRPERSON AND DIRECTOR DIN-00988524 Encl: A/a 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalagromills.com W: www.oswalagromills.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91-161-2544238 | CIN: L15319PB1979PLC012267 Oswal Agro Mills Limited Annexure-I Appointment of Statutory Auditors of the Company to fill the casual vacancy: M/s. BGMG & Associates, Chartered Accountants S. No. Details of events that need to Information of such events be provided 1 Reason for change viz., Approval by the shareholders for appointment of appointment, re-appointment, M/s. BGMG & Associates, Chartered Accountants resignation, removal, death or (FRN: 025265N), as Statutory Auditors of the otherwise Company to fill the casual vacancy caused by the resignation of M/s. Mehta Chokshi & Shah LLP, Chartered Accountants, Mumbai (FRN: 106201W/W100598). 2 Date of appointment/ re- The Board of Directors, on the recommendation of appointment/ cessation (as the Audit Committee, appointed M/s. BGMG & applicable) & term of Associates at its meeting held on August 24, 2026 appointment/ re-appointment under Section 139(8) of the Companies Act, 2013. The appointment has been approved by the shareholders up to the conclusion of the 46th AGM of the Company. 3 Brief Profile (in case of M/s. BGMG & Associates (Business Group of appointment) Monitoring & Guidance) is a firm of Chartered Accountants founded in the year 2012 having strength of professionals, comprising Chartered Accountants, Company Secretaries, Advocates and MBAs, and serves over 100 corporate clients. Its areas of specialisation include statutory audit under IGAAP, Ind AS and IFRS, tax audit under the Income-tax Act, 1961, internal and risk-based audit, stock and inventory audit, special purpose and management audit, transaction due diligence, direct and indirect taxation, virtual CFO and business process outsourcing services, fund raising and initial public offer advisory and legal advisory services. 4 Disclosure of relationships Not Applicable between directors (in case of appointment of a director) 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalagromills.com W: www.oswalagromills.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91-161-2544238 | CIN: L15319PB1979PLC012267 Oswal Agro Mills Limited Annexure-II Appointment of Statutory Auditors of the Company for a term of five consecutive years: M/s. BGMG & Associates, Chartered Accountants S. No. Details of events that need to Information of such events be provided 1 Reason for change viz., Approval by the shareholders for appointment of appointment, re-appointment, M/s. BGMG & Associates, Chartered Accountants resignation, removal, death or (FRN: 025265N), as Statutory Auditors of the otherwise Company for a term of five consecutive years. 2 Date of appointment/ re- Date of appointment: September 29, 2026 appointment/ cessation (as applicable) & term of Term: five consecutive years, from the conclusion appointment/ re-appointment of the 46th AGM until the conclusion of the 51st AGM of the Company to be held in the year 2031, to conduct the statutory audit for the financial years 2026-27 to 2030-31. 3 Brief Profile (in case of M/s. BGMG & Associates (Business Group of appointment) Monitoring & Guidance) is a firm of Chartered Accountants founded in the year 2012 having strength of professionals, comprising Chartered Accountants, Company Secretaries, Advocates and MBAs, and serves over 100 corporate clients. Its areas of specialisation include statutory audit under IGAAP, Ind AS and IFRS, tax audit under the Income-tax Act, 1961, internal and risk-based audit, stock and inventory audit, special purpose and management audit, transaction due diligence, direct and indirect taxation, virtual CFO and business process outsourcing services, fund raising and initial public offer advisory and legal advisory services. 4 Disclosure of relationships Not Applicable between directors (in case of appointment of a director) 7th Floor, Antriksh Bh [Showing first 8,000 characters — download PDF for full document]