Oswal Pumps Ltd. announced significant leadership changes following its Board of Directors meeting on August 08, 2026. The company has approved the re-appointment of Mr. Vivek Gupta as Chairman and Managing Director for another 5-year term starting March 4, 2027. Additionally, Mr. Vijay Kumar Yadav has been appointed as the new Chief Financial Officer, effective August 8, 2026. These appointments aim to ensure continued strategic direction and financial stewardship.
Leadership Appointments at Oswal Pumps Ltd.
Oswal Pumps Ltd. has announced key leadership appointments designed to strengthen its corporate governance and financial management. In a Board of Directors meeting held on August 08, 2026, the company approved two significant decisions:
Re-appointment of Chairman and Managing Director
Mr. Vivek Gupta has been re-appointed as the Chairman and Managing Director of Oswal Pumps Ltd. This reappointment is for a further period of 5 (Five) years, effective from March 04, 2027, and will conclude on March 03, 2032. This decision was made upon the recommendation of the Nomination and Remuneration Committee and is subject to the approval of the company’s Members. Mr. Gupta, a promoter of the company, has been associated with Oswal Pumps since its inception and possesses extensive experience in the pumps manufacturing industry.
Appointment of Chief Financial Officer
The Board has also approved the appointment of Mr. Vijay Kumar Yadav as the Chief Financial Officer (CFO) of the Company. This appointment is effective immediately, from August 08, 2026. Mr. Yadav’s appointment was recommended by the Nomination and Remuneration Committee and approved by the Audit Committee. He is a distinguished Chartered Accountant with over 21 years of extensive experience in corporate finance, strategic financial management, and treasury operations across various listed manufacturing organizations.
Background of Appointees
Mr. Vivek Gupta, a promoter, was first appointed to the Board of Directors on September 22, 2006. He holds a bachelor’s degree in commerce and has been with the company since 2006. Mr. Vijay Kumar Yadav brings a wealth of experience, having served in senior finance leadership roles at prominent companies. His expertise includes IPO readiness, financial structuring, capital optimization, and enterprise-wide governance initiatives.
Source: BSE
