SANGHVIMOVNSESanghvi Movers Limited· EngineeringMediumNeutral
Announced Wed, 15 Apr · 10:16 IST

Sanghvi Movers Limited has informed the Exchange about appointment of Chief Operating Officer under Regulation 30 of SEBI (LODR) Regulations, 2015.

Management Changes View source PDF

SANGHVIMOV · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.3%1-day move
₹310.00
prior close
₹313.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.4-1.8-1.6-3.3-0.6-3.8-1.3+1.7-1.9+8.7-2.0+36.3+40.6
Up moveDown movePending
AI summary

Sanghvi Movers Limited has announced the appointment of Mr. Saumil Dave as Chief Operating Officer (COO) effective April 14, 2026. He has been designated as Senior Management Personnel. Dave holds a Bachelor of Commerce degree from Mumbai University and has certifications in Marketing and Management from Ryerson University, Canada, along with a Project Management Program certification. His professional experience includes roles at IFS Logistics, Canadian Tire Corporation, Quantum Mail Logistics Solutions India Pvt. Ltd., and Flipkart. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors.

Likely market impact

The appointment of a new COO with international experience may bring fresh operational expertise to the company. This is a routine leadership change that signals management continuity but does not indicate any immediate material impact on stock price.