- cessation of Mr. Rajesh Jejurikar (DIN: 00046823) as Director and the Chairman of the Company due to his resignation with effect from close of 16th October, 2025.
SWARAJENG · price
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Awaiting price reaction for this filing.
Mr. Rajesh Jejurikar (DIN: 00046823) has resigned from his roles as Director and Chairman of Swaraj Engines Limited, effective from the close of business on 16th October 2025. The cessation is due to his voluntary resignation, and no further reasons or controversies have been mentioned in the filing. The company has not yet disclosed who will take over as the new Chairman. Swaraj Engines is a subsidiary in the Mahindra Group ecosystem, known for manufacturing engines for tractors and farm equipment.
Losing a sitting Chairman is a notable leadership change for the company, but since the resignation appears routine and voluntary with no adverse reasons cited, the short-term impact on the stock is likely limited. Investors should watch for an update on the new Chairman's appointment.