Announced Sat, 2 May · 16:19 IST

APPOINTMENT OF CEO

Ceo Appointed ExternalManagement Changes View source PDF

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

+6.5%1-day move

₹34.73

prior close

₹33.60

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+8.3+0.1+8.3+7.1+6.5+4.8+2.2+5.8+4.2+0.8-7.8-2.1-9.3—

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AI summary

Swati Projects Limited has announced the appointment of Mr. Ravi Todi as Chief Executive Officer (CEO) effective from 2nd May 2026. Mr. Todi is a member of the Institute of Company Secretaries of India (ICSI) with over 8 years of experience in Secretarial & Corporate Affairs. The appointment was approved in a board meeting that lasted from 3:30 PM to 4:00 PM on the same day. According to the disclosure, Mr. Todi is not related to any other Director of the Company. Mr. Shreegopal Daga, Director, has been authorised to file the necessary forms with the Registrar of Companies.

Likely market impact

The appointment of a new CEO with professional secretarial experience may bring fresh perspective to the company's governance. The disclosure that the new CEO is not related to existing directors is a positive governance indicator, suggesting independent professional management.