BSESwati Projects Ltd· FinanceHighNegative
Announced Tue, 7 Apr, 2026 · 16:57 IST

Swati Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/04/2026 ,inter alia, to consider and approve Resignation of Mr. Ravi Todi ....

Kmp ResignedManagement Changes View source PDFExplain this filing

Price

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Price reactionminutes from the announcement price · days from the prior close
+10.0%Reaction day
₹29.62
prior close
₹29.62
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+4.2%+5.8% vs market
Non Banking Financial Company (NBFC) peers, median of 206sector+3.5%+6.5% vs sector

On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 6.5 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
5m
+9.2
10m
+10.0
15m
+9.5
30m
+9.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+10.0+4.2+5.8+3.5+6.5
Next day
+21.0+4.1+16.8+3.7+17.3
2d
+32.3+6.3+26.0+5.5+26.8
3d
+25.7+6.3+19.4+4.8+20.9
4d
+27.6+9.0+18.6+6.4+21.3
5d
+23.0+10.3+12.7+7.0+16.0
1w
+28.3+10.9+17.4+8.1+20.2
15d
+17.3+13.8+3.4+8.2+9.0
1m
+24.1+19.0+5.1+10.2+13.9
2m
+17.5+16.1+1.4+3.5+14.0
3m
+5.1+22.3-17.3+2.0+3.1
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 notified BSE that a Board meeting will be held on April 15, 2026, to receive and accept the resignation of Mr. Ravi Todi (DIN: 11511076) from his position as Whole Time Director. The company, registered in Kolkata with CIN L65993WB1983PLC036332, filed this notice under Regulation 29 of SEBI Listing Regulations. The filing dated April 7, 2026, was signed by Director ShreeGopal Daga. This is a Key Managerial Personnel (KMP) resignation that will reduce the company's board-level executive leadership.

Likely market impact

The resignation of a Whole Time Director signals potential change in company leadership and strategy. Investors should monitor the board meeting outcome and any subsequent announcements about replacement or restructuring of management responsibilities.