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

This is to inform that the Board of Directors of Swaraj Engines Limited ( the Company ) at its meeting held today i.e. 13th April, 2026 inter alia considered, noted and approved:- cessation of Ms. Geeta Kharat (ICSI Membership No. ACS-51135) as Compliance Officer of the Company due to her resignation with effect from close of 12th June, 2026.- 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

SWARAJENG · price

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

Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹3918.80
prior close
₹4050.00
base price
After-mkt
timing
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 that Ms. Geeta Kharat has resigned as Compliance Officer effective from close of 12th June, 2026, citing better growth and career opportunities. The Board has appointed Mr. Nayan Jain as her successor effective 13th June, 2026. Mr. Jain, an ICSI Associate Member, comes from Mahindra & Mahindra Ltd. where he has around 3 years of corporate secretarial experience. He will serve as Compliance Officer and also hold positions as Key Managerial Personnel (KMP) and Senior Management Personnel (SMP). The resignation and appointment are seamless with just one day gap between them.

Likely market impact

The change appears routine as the Compliance Officer role transitions smoothly. Mr. Jain's experience at a large conglomerate like M&M suggests institutional continuity. The resignation was for personal career growth with no indication of governance concerns.