Oswal Greentech Limited — Board/Management Information 2022

Aug 29, 2022

ABHEY OSWAL G R O U P

Oswal Greentech Limited

OGL/ND/2022

August 29, 2022

Electronlc Filing

Department of Corporate Services/ Listing BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400 001 Email id:corp.relations@bseindia.com Scrip Code No.: 539290		National Stock Exchange of India Ltd. "Exchange Plaza" Bandra-Kurla Complex, Sandra (E), Mumbai-400 051 Email id: cmlist@nse.co.in Scrip Code: BINDALAGRO

Dear Sir/ Madam,

Subject: Outcome of the meeting of Board of Direcors of Oswal Greentech Limited held on August 29, 2022

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 Board of Directors in their meeting held today i.e. August 29, 2022 have, inter alia, considered, approved and taken on record the following:

1. Appointment of M/s Oswal Sunll & Company, Chartered Accountants, New Delhi (FRN: 016520N) as Statutory Auditors of the Company

The Board of Directors, upon the recommendation of Audit Committee, has considered and approved the appointment of M/s Oswal Sunil & Company, Chartered Accountants, New Delhi (FRN: 016520N) as Statutory Auditors of the Company, subject to the approval of shareholders of the Company at their ensuing annual general meeting, for a term of 5 years, from the conclusion of 40[th ] Annual General Meeting till the conclusion of 45[th ] Annual General Meeting.

Further, the said appointment is pursuant to applicable provisions of the Companies Act 2013 and the SEBI Listing Regulations, 2015. M/s. Oswal Sunll & Company have confirmed their eligibility for appointment. Disclosure required pursuant to regulation 30 read with Para A of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201? and SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 in respect of appointment of M/s Oswal Sunil & Company as Statutory Auditors is enclosed as·Annexure - I to this letter.

2. Appointment of M/s SVP and Associates, Chartered Accountants, New Delhi (FRN: 003838N) as Internal Auditors of the Company for the financial year 2022-23.

The Board of Directors, based on the recommendation of Audit Committee, at its meeting held on August 29, 2022 has approved the appointment of M/s SVP and Associates, Chartered Accountants, New Delhi (FRN: 003�38N) as the Internal Auditors of the Company to carry out the internal audit for the financial year 2022-23.

Disclosure required pursuant to regulation 30 read with Para A of Part A of Schedule Ill of SEBI (Listing Obligations and Dis.closure Requirements) Regulations, 2015 and SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 in respect of appointment of M/s SVP and Associates as internal auditor is enclosed as Annexure -II to this letter.

7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi- I 10 00 I T: +91-1 1-23715242, 23322980, 237536�2, 23715225 E: oswal@oswalgreens.com W:www.oswalgreens.com

Regd. Off.: Near Jain Colony, Vi jay Ind er Nagar, Daba Road, Ludhiana - 141003 IT: +91- 161-2544238 I CIN: L24 I 12PB 1981 PLC0J I 099

ABHEY OSWAL MMiNINMM

1. Appointment of M/s CT & Company, Company Secretaries, New Delhi as Secretarial Auditors of the Company for the financial year 2022-23.

The Board of Directors, based on the recommendation of Audit Committee, at its meeting held on August 29, 2022 has approved the appointment of M/s CT & Company, Company Secretaries, New· Delhi as the Secretarial Auditors of the Company to carry out the secretarial audit for the financial year 2022-23.

Disclosure required pursuant to regulation 30 read with Para A of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 in respect of appointment of M/s CT & Company as secretarial auditor is enclosed as Annexure -Ill to this letter.

1. Re-appointment of Mr. Anil Kumar Bhalla (DIN: 00587533) as Managing Director & CEO of the Company

The Board of Directors based on the recommendation of Nomination and Remuneration Committee, has approved reappointment of Mr. Anil Kumar Bhalla, Managing Director (DIN: 00587533} for a period of 3 years w.e.f. April 1, 2023 till March 31, 2026, subject to approval of the shareholders at the ensuing Annual General Meeting of the Company. Mr. Anil Kumar Bhalla is not related to any director of the Company.

Further, he is not debarred from holding office of a Director by virtue of any SEBI order or any other Authority. A brief profile of Mr. Anil Kumar Bhalla is enclosed as Annexure 'IV' to this letter.

Disclosure required pursuant to regulation 30 read with Para A of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 in respect of reappointment of Mr. Anil Kumar Bhalla as Managing Director & CEO is enclosed as Annexure - IV to this letter.

1. Appointment of Mr. Pulkit Gupta (DIN: 07026809) as Director (Independent & Non- executive) of the Company

The Board of Directors based on the recommendation of Nomination and Remuneration Committee, has approved appointment of Mr. Pulkit Gupta, Director (DIN: 07026809) as Director (Independent & Non-executive) for a period of 5 years w.e.f. July 6, 2022, subject to approval of the shareholders at t,he ensuing Annual General Meeting of the 'Company. Mr. Pulkit Gupta is no� related to any director of the Company.

Further, he is not debarred from holding office of a Director by virtue of any SEBI order or any other Authority. A brief profile of Mr. Pulkit Gupta is enclosed as Annexure 'V' to this letter.

Kindly take the same on record.

Thanking you,

Yours sincerely, Fo, O wal Grnentech Ll I te[� ] j ':' �. AnilKut� - Managing Director & CEO

ABHEY OSWAL MMtMIMMM

Annexure- I

Appointment of M/s Oswal Sunil & Company, Chartered Accountants, as Statutory Auditors of the Oswal Greentech Limited

**S. **	No.	Details of events that need to	Details of events that need to	Details of events that need to	Details of events that need to	be	Information of such event(s)
		provided
1		Name of auditor					M/sOswalSunil&Company,Chartered
							Accountants
							(FRN: 016520N)
1		Reason	for	change		viz.	Appointment for the first term	of 5 years as
		appointment/			resignation/		the earlier auditors, M/s.	Agarwal &
		remoi;al/ death		or otherwise			Dhandhania,CharteredAccountantsshall
							complete their term as the Auditors of the
							Company at the conclusion of 40thAGM of the
							Company to be held in the calendar year
							2022.
2		Date of appointment/			cessation	(as	Effective date of appointment	shall be from
		applicable)	& term of appointment				the conclusionof40thAnnualGeneral
							Meetingof theCompanytobeheldin
							calendar year 2022.
3		Brief profile		(in	case	of	M/sOswalSunil&Company,Chartered
		appointment)					Accountants,New Delhi,has	beenone of
							India'sprominentchartered	accountancy
							firmsprovidingwidearray	financialand
							advisory services to numerous	MNC's as well
							as reputed Indian companies	for over two
							decades.
							Areas of expertise:
							Accounting, Auditing, Taxation, Assurance and
							Business advisory services.
4		Disclosure		of	relationships		Not applicable
		between	Directors		(incase	of
		appointment of director)

ABHEY OSWAL ~~MMIIWM~~

Annexure-II

Appointment of M/s SVP and Associates, Chartered Accountants, as Internal Auditors of the Oswal Greentech Limited

**S. **	No.	Details of	events	events	that need to be	that need to be	that need to be	that need to be	Information of such event{s)
		provided
1		Reason·	for		change			viz.	M/s SVP and Associates, Chartered
		appointment/				FesigRatieR/			Accountants{FRN:003838N)havebeen
		rmmal/ death eF			ethen,ise				appointedas Internal Auditorsof the
									Companyintheboardmeetingheldon
									August 29, 2022.
2		Date of appointment/cessatieR (as							Date of appointment: August 29, 2022
		a11licaele)	& term		of appointment				Term of appointment: Financial year 2022-23
3		Brief profile			{in		case	of	M/s SVPandAssociateshas beenoneof
		appointment)							India'sprominentcharteredaccountancy
									firmsproviding widearrayfinancialand
									advisory services to numerous MNC's as well
									as reputed Indian companies for almost four
									decades.
									Areas of expertise:
									Accounting, Auditing, Taxation, Assurance and
									Business advisory services.
4		Disclosure		of		relationships			Not applicable
		between	Directors			{in	caseof
		appointment of director)

.

ABHEY OSWAL MMtNIM!MM Annexure- III

Appointment of M/s CT & Company, Company Secretaries, as Secretarial Auditors of the Oswal Greentech Limited

S. No. 1 2 3 4

Details of events that need to be provided Information of such event(s) Reason for change viz. appointment/ resignation/ removal/ death or otherwise Date of appointment/ cessation (as applicable) & term of appointment Brief profile (in case of appointment) Disclosure of relationships between Directors (in case of appointment of director) M/s CT & Company, Company Secretaries have been appointed as Secretarial Auditors of the Company in the board meeting held on August 29, 2022. Date of appointment: August 29, 2022 Term of appointment: Financial 2022-23 CT & Company is a firm of Company Secretaries established in year 2014 based at New Delhi and Ludhiana, Punjab. With a team of about ten professionals including five Company Secretaries across New Delhi and Ludhiana office,· they have been involved in Company Secretarial Audits, Compliance Audits, due diligence of various listed and unlisted clients based in North India. FCS Ms. Bharti Makhija and FCS Mr. Shivam Garg are the senior partners in the firm. Ms. Bharti Makhija is a commerce graduate and a fellow member of the Institute of Company Secretaries of India having 9+ years of experience who is mainly involved in maintaining of secretarial records and filing of annual returns for both public and private companies. She is also involved in assisting clients with cases related to NCLT. Mr. Shivam Garg is also a commerce graduate and company secretary having 7+ years of experience who assists in preparing appeals before the registrar of companies, regional director and NCLT. He also independently handles compliance audits, secretarial audits, due-diligence and responsible for all the annual secretarial compliances of various listed and unlisted clients. He further independently handles the team undertaking compliances and annual filings. Areas of Expertise: Company Law Matters, Secretarial and Compliance Audits, Due-diligence, SEBI & Stock Exchange Compliance Management, RBI & FEMA Compliances, Business set-up in India by foreign companies and Startups. Not applicable

ABHEY OSWAL MMI HIMPNIM

Annexure- IV

Re-appointment of Mr. Anil Kumar Bhalla as Managing Director & CEO of Oswal Greentech Limited

**S. **	No.	Details	of events	of events	that need to	that need to	be	Information of such event(s)
		provided
1		Reason		for	change		viz.	The Board of Directors, based on the
		appointment/				resignation/		recommendation of Nomination &
		removal/ death or			otherwise			Remuneration Committee, has approved the
								reappointment of Mr. Anil Kumar Bhalla as
								Managing Director&CEO of the Company.
2		Date of	appointment/			cessation	(as	Date of appointment: April 1, 2023
		applicable)		&term of appointment				Term of appointment: three years
3		Brief	profile		(in	case	of	Mr. Anil Kumar Bhalla, a commerce graduate,
		appointment)						is associated with the Oswal Group since
								more than 3 decades and his proactive
								involvement in the affairs of the Company
								and immense knowledge about real estate
								sector has played a significant role in the
								growth of the Company over the last 3
								decades. He holds the position of Managing
								Director&Chief Executive Officer of Oswal
								Greentech limited.
								As Chief Executive Officer, Mr. Anil Kumar
								Bhalla is responsible for maximising the
								entity's value including revenues, market
								share, share price etc. and to oversee the
								operations in all departments and making
								sure that the long term goals of the Company
								are realised.
4		Disclosure		of		relation.ships		None
		between		Directors		(in case	of
		appointment of director)

ABHEY OSWAL MMIIHI

Annexure- V

- Appointment of Mr. Pulkit Gupta as Director (Non executive & Independent) of Oswal Greentech Limited

S. No.	Details of events that need to be provided	Information of such event(s}
1	Reason for change viz.TheBoardofDirectors,basedonthe appointment/ FesigRatieRlrecommendation of Nomination & FeFeYal/ EeatR eF etReFwise Remuneration Committee, has approved the appointment of Mr. Pulkit Gupta as Director (Non-executive & Independent).
2 Date of appointment/ cessatieR (asDate of appointment: July 6, 2022 a11licasle) & term of appointment Term of appointment: Five years
3 Brief profile (in case ofMr. Pulkit Gupta, a commerce graduate, is a appointment) qualified Chartered Accountant and Company SecretaryfromtheInstituteof Chartered Accountantsof IndiaandtheInstituteof
Company Secretaries of India, respectively. He possesses a vast experience of more than 7yearsintheareasofaudit,taxation, corporate laws and compliances.
4 Disclosure of relationshipsNone betweenDirectors (in caseof appointment of director)