Re-appointment of Mr. Harendra Gupta as a Managing Director for a further period of 3 years
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Svaraj Trading & Agencies Ltd has re-appointed Mr. Harendra Gupta (DIN: 05335662) as its Managing Director for a further 3-year term, from August 1, 2025 to July 31, 2028. The decision was taken by the Board on May 29, 2025, based on the recommendation of the Nomination and Remuneration Committee, and is subject to shareholder approval. Mr. Gupta has over 30 years of experience in real estate, trading, project finance, and compliance, and has been associated with the company for more than 10 years. He is not debarred by SEBI or any other authority from holding a directorship.
This is a routine re-appointment of an existing Managing Director, suggesting continuity in leadership. It is unlikely to materially impact the stock price, but shareholders will have the opportunity to approve the re-appointment at the next general meeting.