Osel Devices CFO Jyotsna Jawahar Resigns Effective Immediately Citing Maternity

Board approved the proposed merger of Osel Healthcare Private Limited with step-down subsidiary SFL Hearing Solutions Private Limited; authorised related-party transactions with Guardian Technologies Private Limited up to Rs 50 Cr in FY27; and increase in authorised share capital from Rs 20 Cr to Rs 25 Cr, subject to shareholder approval. Whole-time Director and CFO Jyotsna Jawahar resigned effective August 27, 2026 due to maternity. The merger simplifies the group and supports consolidation of the hearing-aid retail business. The expanded objects clause formally adds mobile phones and hearing-aid products, while the related-party approval continues the company’s established supplier relationship. The MD and Whole-time Director were reappointed for three years. The CFO departure is mitigated by the stated maternity reason and explicit confirmation of no disagreement, but no successor or transition plan was disclosed. The authorised capital increase enables future equity actions but d