At last, I have found a better solution with in the OSQL code itself. No need of any BATCH or a SHELL SCRIPTING to achieve this...

Below is my code and...

Found it:

cmd.exe /c "c:\test.bat"

Created a Batch file (.bat) and then put the below osql command in that file. In Batch file, I can access the current date & time values. Referred this link...