Sanghvi Movers Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
SANGHVIMOV · price
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Sanghvi Movers Limited has informed the stock exchanges that Mr. Rishi C. Sanghvi, the current Managing Director of Sanghvi Movers, has been appointed as the Managing Director of Sangreen Future Renewables Private Limited, a wholly owned subsidiary of the company. The appointment is effective 03 June 2025 for a term of 5 years. Mr. Rishi C. Sanghvi holds a B.Sc. in Mechanical Engineering from Rensselaer Polytechnic Institute and an MBA from Cornell University, with over 8 years of experience in business development, strategic planning, and sustainability. The move signals a leadership focus on the company's renewable energy subsidiary.
This is a routine corporate governance disclosure and an internal leadership appointment within a wholly owned subsidiary. It has no direct material impact on the stock price, though it indicates continued management focus on the renewables business.