SWARAJENGNSESwaraj Engines Limited· Diesel EnginesMediumNeutral
Announced Mon, 13 Apr · 17:37 IST

- appointment of Mr. Nayan Jain (ICSI Membership No. ACS-79769) as Compliance Officer of the Company with effect from 13th June, 2026. Mr. Nayan Jain will also be Key Managerial Personnel (KMP) and Senior Management Personnel of the Company.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹3918.80
prior close
₹4050.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+7.9+6.7+5.9+4.1+4.4+3.4+2.5+3.3+2.1-1.6+2.1-3.7-2.2-3.6
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AI summary

Swaraj Engines Limited announced the resignation of Ms. Geeta Kharat as Compliance Officer (KMP) effective from the close of 12th June 2026, citing better growth and career opportunity as the reason. The company simultaneously appointed Mr. Nayan Jain as the new Compliance Officer effective from 13th June 2026. Mr. Jain is an Associate Member of ICSI with approximately 3 years of experience in corporate secretarial function, currently working at Mahindra & Mahindra Ltd. He will serve as Compliance Officer, Key Managerial Personnel (KMP), and Senior Management Personnel (SMP) of the company. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board.

Likely market impact

This is a routine compliance officer transition with minimal direct shareholder impact. The new appointee brings relevant SEBI LODR compliance experience from a large corporate setting.