SWARAJENGNSESwaraj Engines Limited· Diesel EnginesCriticalNegative
Announced Thu, 16 Oct · 13:22 IST

This is to inform that Board of Directors of Swaraj Engines Limited in their meeting held today on 16th October, 2025 has inter alia, considered, noted and approved the following:- the Unaudited Financial Results of the Company for the second quarter and half year ended 30th September, 2025. Copies of the Unaudited Financial Results, Limited Review Report from the Company s Statutory Auditors and Press Release are enclosed herewith.- 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. - appointment of Mr. Rajya Vardhan Kanoria (DIN: 00003792), the existing Non-Executive Independent Director, as Chairman of the Board of Directors of the Company with effect from 17th October, 2025.- appointment of Mr. Gaganjot Singh (DIN: 09301803) as Additional Director (Non-Executive Non-Independent) with effect from 17th October, 2025.The meeting of the Board of Directors of the Company commenced at 12:00 Noon and concluded at 1:00 P.M.

Kmp ResignedManagement Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Swaraj Engines' board met on 16 October 2025 and approved the unaudited financial results for Q2 and the half-year ended 30 September 2025. Mr. Rajesh Jejurikar resigned as Director and Chairman of the company with effect from the close of business on 16 October 2025. Mr. Rajya Vardhan Kanoria, an existing Non-Executive Independent Director, was elevated as the new Chairman from 17 October 2025. Mr. Gaganjot Singh was appointed as Additional Director (Non-Executive Non-Independent) effective 17 October 2025. The Statutory Auditors' Limited Review Report and a Press Release were also submitted alongside the results.

Likely market impact

The leadership change looks orderly — an existing Independent Director steps in as Chairman, suggesting stability rather than disruption. For shareholders, the actionable signal lies in the actual Q2 numbers (revenue, margins, profit) rather than the board reshuffle itself.