Announced Sat, 2 May · 16:16 IST

APPOINTMENT OF CEO

Ceo Appointed ExternalManagement 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 14 horizons · vs prior close

+6.5%1-day move

₹34.73

prior close

₹33.60

base price

After-mkt

timing

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+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's Board of Directors has approved 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 and Corporate Affairs. The appointment was noted during a board meeting held on 2nd May 2026, which commenced at 3:30 pm and concluded at 4:00 pm. He is not related to any existing Director of the Company. Director Shreegopal Daga has been authorised to file the necessary forms with the Registrar of Companies.

Likely market impact

The appointment brings in a professional with secretarial and corporate affairs expertise to lead the company as CEO. This is a routine leadership change that provides continuity in management without any indication of governance concerns.