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Oswal Overseas Ltd manufactures and trades SugarBusiness Overview: Company is engaged in manufacturing of sugar and generation of power. Its has Power Purchase Agreement with the UP Government and is supplying power to them
Oswal Overseas has clarified that the delay in submitting financial results occurred because the company was undergoing a Corporate Insolvency Resolution Process, which suspended the powers of the Board of Directors and transferred management control to the Interim Resolution Professional. Following a 100% creditor-approved settlement, the insolvency process was successfully...
Oswal Overseas Limited has successfully exited insolvency proceedings as the tribunal allowed the withdrawal of the Corporate Insolvency Resolution Process following a 100 percent approved settlement with the sole financial creditor. The company is now fully restored to its pre-insolvency management, the operational moratorium has been lifted, and the interim...
Oswal Overseas has announced that the tribunal has approved the withdrawal of the corporate insolvency resolution process following a full settlement with the sole financial creditor, which was backed by a hundred percent voting approval from the committee of creditors. All resolution process costs have been fully paid. Consequently, the...
Oswal Overseas Limited has entered a Corporate Insolvency Resolution Process (CIRP) as mandated by the National Company Law Tribunal on June 8, 2026. Mansij Arya is appointed as the Interim Resolution Professional. Creditors must submit their claims with proof by June 24, 2026. The estimated closure for the resolution process...
Oswal Overseas Limited announced that Mr. Anoop Kumar Srivastava has resigned from his position as a Director. His resignation is effective from the close of business hours. Mr. Srivastava cited other professional commitments and health issues as reasons for stepping down. This change impacts the composition of the company's Board,...