BSESwati Projects LtdMediumNeutral
Announced Fri, 6 Feb · 16:46 IST

RESIGNATION OF COMPANY SECRETARY

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

Swati Projects Ltd informed the stock exchanges that Mr. Ravi Todi has resigned as Company Secretary and Compliance Officer of the company with effect from February 6, 2026. In the same board meeting, Mr. Todi was appointed as Whole Time Director, designated as a Non-Promoter Professional Director, for a tenure of 3 consecutive years, subject to shareholder approval. The reason given is an internal transition, and Mr. Todi is a member of ICSI with over 8 years of experience in secretarial and corporate affairs. The board confirmed he is not debarred from holding directorship by SEBI or any other authority. The board meeting was held on February 6, 2026, from 3:30 PM to 4:30 PM.

Likely market impact

This is an internal transition rather than a departure — the same person is moving from a KMP support role to a board-level executive position. For shareholders, the change is neutral but introduces an additional executive director subject to approval at the next general meeting.