Change in Auditors

R- O <= > = Oswal Greentech Limited Date: 22.06.2026 To. To, The Manager The Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers. Exchange Plaza, 5th Floor, Plot No. C/1. Dalal Street Mumbai-400 001 Block G, Bandra-Kurla Complex, Sandra (E) Mumbai-400 051 Trading Symbol: OSWALGREEN Scrip Code: 539290 Dear Sir/Madam, Sub: Outcome of Board Meeting and Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 as amended from time to time, we wish to inform that the Board of Directors of the Company at their meeting held today i.e. Monday, 22nd June 2026 have inter alia considered, taken note of the following matters: 1. Incorporation of Subsidiary Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 ("Listing Regulations"). we wish to inform you that the Board of Directors of the Company. at its meeting held on June 22, 2026, has approved the incorporation ofa Subsidiary Company in Dubai, United Arab Emirates (UAE), subject to obtaining necessary approvals and compliances under applicable laws and regulations. 2. Resignation of Internal Auditor of the Company. Pursuant to Regulation 30 read with Para A of Part A of Schedule 111 of SEBI (Listing Obligations and Disclosure Requirements) Regulation. 2015 as amended from time to time. M/s Siddharth S. Kothari & Co, Chartered Accountants, (FRN No. 158976W) vide their letter dated 22" June 2026 has tendered their Resignation as an Internal Auditor of the Company with immediate effect on account of Personal reasons with immediate effect. formalities in regards of their resignation in due course of time. 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi- 110 00 | T:+91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www. oswalgreens.com Regd. Off.: Near Jain Colony,Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91- 161-2544238 | CIN: L24112PB1981PLC031099 Z Oswal Greentech Limited - N The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30. 2026 are enclosed as Annexure-A and Annexure B. The meeting of Board of Directors of the Company commenced at 02:00 p.m. (IST) and concluded at 03:40 p.m. (IST). Kindly take the above information on record. Yours faithfully, For Oswal Greentech J4if ARUNA OSWAL Arun Oswal Whole time Director 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi- 110 00 | T:+91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www. oswalgreens.com Regd. Off.: Near Jain Colony,Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91- 161-2544238| CIN: L24112PB 1981 PLC031099 - <= SWAL Oswal Greentech Limited OSEURE, |Disclosures as required under Regulation 30 of the Listing Regulations read SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 Annexure A Sr. No | Particulars Details of Foreign Subsidiary 1 | Name of the entity, date The Board of Directors of the Company at its & country of meeting held today has approved incorporation ofa | incorporation. etc. Subsidiary Company in Dubai UAE. | Name: As would be approved by authorities in UAE Date of Incorporation: Not Applicable® | Country of Incorporation: Dubai United Arab Emirates (UAE). | * Proposed to be incorporated 2 Name of holding Oswal Greentech Limited shall hold 95% of the company of the paid-up share capital of the proposed foreign incorporated company subsidiary company and shall be the holding land relation with the | company oft he proposed foreign subsidiary | listed |3 | Industry to which the Real Estate Development and Property | entity being acquired Development. | belongs 4 Brief background about To expand the Company's business presence the entity incorporated in internationally and undertake development of land. terms of products / line residential and commercial properties in UAE and of business other permitted activities. 5 Brief details of any Incorporation of the Foreign Subsidiary will be governmental or under the applicable provisions of the Foreign | | regulatory approvals Exchange Management Act & Regulations made | required for the thereunder, Reserve Bank of India incorporation | Regulations/Guidelines. other such authorities in or outside India and subject to the necessary regulatory approvals/licenses as may be required from the appropriate Authority(ies) in United Arab Emirates - (UAE) o 6 Nature of consideration - | Whether cash | Refer details in point no. 7. consideration or share swap and details of the NT same &CENTER = (NEWDELHI) = o %y, 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi- 110 00 | o [ T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www. oswal, .com Regd. Off.: Near Jain Colony,Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91- 161-2544238| CIN: L24112PB1981PLC031099 OSWAL Oswal Greentech Limited 7 Cost of subscription / | The proposed initial investment in the subsidiary price . company shall be AED 40 Million (Forty Million | at which the shares are ' Dirhams). to be made in one or more tranches. Out | subscribed of the proposed share capital, | | Oswal Greentech Limited shall subscribe to 38,000 equity shares of AED 1,000 each aggregating to | AED 38 million, representing 95% of the paid-up share capital of the proposed subsidiary. Mr. Shael Oswal shall subscribe to 2,000 equity shares of AED 1.000 each aggregating to AED 2 Million, representing 5% of the paid-up share capital of the proposed subsidiary. 8 Percentage of shareholding / 95 % subscription to the share capital. control by the listed entity and/ or number ofs hares | allotted. 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi- 110 00 | T:+91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www. oswalgreens.com Regd. Off.: Near Jain Colony,Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91- 161-2544238| CIN: L24112PB1981PLC031099 ABHEY Oswal Greentech Limited Annexure B | Particulars | Internal Auditor - Reason for change viz. | Resignation of M/s Siddharth S. Kothari & Co.. | appoitments——————re- | Chartered Accountants (FRN: 158976W), | appeiptment; resignation. | Internal Auditofo trhe Company, vide letter dated Fepreecsbesho oo s June 22, 2026, due to personal reasons. 2 Date—of—appotitient—e- appeintment, cessation (as June 22. 2026 applicable) & term—ef appoiRtmentireappotatment 3 Brief profile (in case of Not Applicable appointment) 4 Disclosure of relationships Not Applicable between directors (in case of appointment of a director) 5 Letter of resignation along Enclosed | with detailed reasons for | resignation 6 Confirmation that there are The resigning Internal Auditor has confirmed that no material reasons for there are no material reasons for resignation other resignation other than those than those mentioned in the resignation letter. stated in the resignation | letter 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi- 110 00 | T:+91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www. oswalgreens.com Regd. Off.: Near Jain Colony,Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91- 161-2544238 | CIN: L24112PB1981PLC031099 Office No.9, 1t Floor, A Wing, Avisha Tower, i i 35 D/18, Bhaskabuwa Bakhale Path % SIddharth s KOtharI & Co' MughbX Laante, Thakurdwar, CHARTERED ACCOUNTANT Charni Road (E), Mumbai- 400 004, Ph. : 9867283085/ 7977231170 Email : siddharthk550@gmail.com 22.06.2026 The Management M/s Oswal Greentech Limited 7th Floor, Antriksh Bhavan, Kasturba Gandhi Marg, New Delhi - 110001 Subject: Resignation from the position of Internal Auditor Dear Sir/Madam, I'wish to inform you that, owing to perso [Showing first 8,000 characters — download PDF for full document]