Sanghvi Movers Limited has informed the Exchanges about (a) Appointment of Mr. Pradeep Mehta as the Chief Financial Officer of the Company(b) Resignation of Mr. Rajesh Likhite from the post of Company Secretary and Chief Compliance Officer of the Company and (c) Appointment of Mr. Vinav Agarwal as the Company Secretary and Chief Compliance Officer of the Company.

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

SANGHVIMOV · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹278.50

prior close

₹283.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.9% vs market

Diversified Commercial Services peers, median of 71sector-0.1%+1.6% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 1.6 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.5

10m

+2.6

15m

+3.4

30m

+4.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6-0.3+1.9-0.1+1.6

Next day

+10.3-1.2+11.4-0.0+10.3

+18.0-1.0+19.0+0.2+17.8

+17.4-1.0+18.4+0.6+16.8

+16.3-0.3+16.6+0.0+16.3

+17.1-1.1+18.2-0.5+17.6

+21.1+1.6+19.5+0.1+21.0

15d

+19.2-0.2+19.4-1.0+20.2

+17.4+1.4+16.1-0.2+17.6

+44.0+0.2+43.8-2.2+46.2

+39.3+0.9+38.4-2.4+41.8

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 71Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sanghvi Movers announced several leadership changes alongside its Q1 FY26 results at the 6 August 2025 board meeting. Mr. Pradeep Mehta, a Chartered Accountant with 30+ years of finance leadership experience, has been appointed as the new CFO effective 6 August 2025, replacing Mr. Sham D. Kajale who resigned effective 30 June 2025. Mr. Rajesh P. Likhite resigned as Company Secretary & Chief Compliance Officer citing personal reasons, with Mr. Vinav Agarwal (10+ years of listed-entity compliance experience) taking over from 7 August 2025. The board also appointed Mr. Mohammed Almanaseer as Managing Director of the wholly owned subsidiary Sanghvi Movers Middle East Limited. On the financial front, standalone revenue grew ~21.7% YoY to Rs. 159.35 crores with PAT of Rs. 41.81 crores (EPS Rs. 4.83), while consolidated revenue surged ~81.5% YoY to Rs. 273.36 crores driven by strong growth in the Wind EPC segment, with consolidated PAT at Rs. 50.26 crores (EPS Rs. 5.80).

Likely market impact

The leadership transitions appear orderly with qualified, experienced replacements already in place, which should reassure investors. The strong topline growth, especially in the Wind EPC segment, is a positive operating signal. Shareholders should watch for continuity in financial reporting under the new CFO and any commentary on the Middle East subsidiary strategy under the new MD.