Swaraj Engines CEO Devjit Sarkar to step down on 1 Sep 2026 after fixed term ends

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SWARAJENG · price

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

-1.0%Reaction day

₹3570.00

prior close

₹3577.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-0.1% vs market

Compressors Pumps & Diesel Engines peers, median of 14sector-0.3%-0.8% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.8 pts less than its Compressors Pumps & Diesel Engines 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

+0.2

10m

-0.1

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-1.0-0.1-0.3-0.8

Next day

-0.6-1.5+0.9-1.0+0.4

-0.3-0.9+0.7+0.3-0.6

-0.7-0.3-0.4+0.2-0.9

+2.4+0.1+2.3-1.1+3.5

+1.7+0.7+1.0-0.0+1.7

-0.4+0.3-0.8+0.4-0.8

15d

-0.3+1.0-1.2-1.1+0.8

-0.7-2.4+1.7-4.4+3.7

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UpDownMarket · Nifty Microcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 14Pending

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

AI summary

Swaraj Engines informed exchanges that Whole Time Director and CEO Mr. Devjit Sarkar (DIN: 10745850) will cease to hold office as Director and CEO from 1 September 2026, upon completion of his approved two-year tenure that ran from 1 September 2024 to 31 August 2026. This is a planned end of a fixed-term appointment, not a resignation. No successor has been named in this filing.

Likely market impact

Planned exit at end of fixed tenure; investors should watch for a successor announcement in the coming months.