Announced Sat, 2 May, 2026 · 16:19 IST

APPOINTMENT OF CEO

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

Price

Loading chart…

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

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

+3.7%Reaction day

₹34.73

prior close

₹33.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%+2.2% vs market

Non Banking Financial Company (NBFC) peers, median of 206sector+0.0%+3.7% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 3.7 pts more than its Non Banking Financial Company (NBFC) 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

+8.3

10m

+0.1

15m

+8.3

30m

+7.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.7+1.5+2.2+0.0+3.7

Next day

+6.5+1.4+5.2+0.0+6.5

+4.8+3.0+1.8+0.0+4.8

+2.2+4.6-2.4+0.5+1.7

+5.8+4.5+1.3+1.0+4.8

+4.2+3.0+1.2+0.0+4.2

+0.8+0.6+0.2-1.5+2.2

15d

-7.8+2.9-10.7-1.5-6.2

-2.1+4.1-6.2-3.7+1.6

-9.3+10.5-19.7-4.0-5.3

-1.2+11.6-12.8-3.3+2.0

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 206Pending

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

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.