Oswal Yarns has announced its 44th Annual General Meeting on September 30 for shareholders to adopt the financial results for the year ended March 31. The company proposes re-appointing Ms. Vama Oswal as a Director, Sh.

Bharatt Oswall as Whole-time Director for 5 years at 0.0155 Cr per month, and Sh.

Tej Paul Oswal as Managing Director (Corporate Affairs) for 5 years without salary, citing the company's precarious financial position.

Sh.

Nipun Vyas is also up for re-appointment as an Independent Director for 5 years.

For the year ended March 31, gross revenue was 1.37 Cr, with a loss after tax of 0.12 Cr.

The company expects improved performance.