Oswal Agro Mills Appoints Vikas R Sharma as Chief Financial Officer

NEW DELHI, India — Oswal Agro Mills Limited has formally appointed Vikas R Sharma as its Chief Financial Officer (CFO) and Key Managerial Personnel, effective July 27, 2026. The decision was approved during a Board of Directors meeting held on Monday in New Delhi. The strategic executive appointment forms part of a broader corporate governance restructuring by the firm, which also included naming new secretarial auditors, a company secretary, and an independent director.

Strategic Executive Leadership Changes

In a regulatory disclosure filed with the Indian stock exchanges, Oswal Agro Mills Ltd confirmed that the Board of Directors met between 6:30 P.M. and 6:45 P.M. on July 27, 2026, to finalize multiple key managerial appointments.

• Chief Financial Officer Appointment: Vikas R Sharma assumes the role of CFO, filling the Key Managerial Personnel position left vacant following the resignation of Hemant Patni on June 22, 2026.

• Company Secretary & Compliance Officer: Mrs. Srishti Agarwal was appointed as Company Secretary and Compliance Officer effective July 27, 2026, succeeding Ms. Payal Agarwal, who stepped down on May 6, 2026.

• Independent Director Addition: Mr. Rahul Khadriya was appointed as an Additional Director (Independent) for a consecutive term of five years, subject to shareholder approval.

• Secretarial Audit Oversight: The board recommended M/s Anuj Gupta & Associates as Secretarial Auditors to fill a casual vacancy for FY 2025–26 and for a five-year term spanning FY 2026–27 to FY 2030–31.

Professional Background of the New CFO

Vikas R Sharma brings over 17 years of specialized finance, accounting, and taxation experience spanning the real estate, production, and advertising sectors. He holds a Master of Commerce (M.Com) degree from Mumbai University.

Prior to joining Oswal Agro Mills Ltd, Sharma served as Senior Accountant at Mumbai-based production house Bandra West starting in July 2021, where he managed financial reporting, production budgeting, GST reconciliation, and account finalizations. His prior career includes senior accounting roles at Eggfirst Advertising & Design Pvt Ltd, Accounts Manager at Trikaal Theatres & Realty India Pvt Ltd, and Accounts Executive at S.S. Infonet Pvt Ltd.

Official Sources Section

All administrative decisions, executive background profiles, and regulatory updates detailed in this report originate from official statements released by Oswal Agro Mills Limited under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. Statements have been cross-verified through regulatory filings with the BSE Limited and the National Stock Exchange of India Limited.

Quote Section

According to official filings submitted by Aruna Oswal, Chairperson of Oswal Agro Mills Limited:

"The Board of Directors of Oswal Agro Mills Limited, at its meeting held today, July 27, 2026, has considered and approved the appointment of Mr. Vikas R Sharma as Chief Financial Officer (Key Managerial Personnel) of the Company under Section 203 of the Companies Act, 2013, with effect from July 27, 2026."

Why It Matters

The fill-in of key managerial vacancies at Oswal Agro Mills Ltd ensures regulatory continuity and fiscal oversight for shareholders and market participants. By establishing a permanent Chief Financial Officer and appointing independent audit professionals, the enterprise stabilizes its financial governance framework and maintains compliance with SEBI guidelines.

Key Facts at a Glance

• New CFO: Vikas R Sharma appointed Chief Financial Officer effective July 27, 2026.

• Succession: Replaces former CFO Hemant Patni, who stepped down in June 2026.

• Compliance Lead: Mrs. Srishti Agarwal appointed as Company Secretary and Compliance Officer.

• Board Expansion: CS Rahul Khadriya named Independent Director for a 5-year term.

• Audit Governance: M/s Anuj Gupta & Associates selected as Secretarial Auditor through FY 2030–31.

Frequently Asked Questions (FAQ)

Who was appointed as the Chief Financial Officer of Oswal Agro Mills Ltd?

Vikas R Sharma was appointed as Chief Financial Officer and Key Managerial Personnel of Oswal Agro Mills Ltd on July 27, 2026.

Who did Vikas R Sharma replace as CFO?

He succeeded Mr. Hemant Patni, who ceased to hold the position on June 22, 2026.

What other key managerial decisions were announced by the company?