BSESwati Projects Ltd· FinanceHighNegative
Announced Mon, 16 Feb, 2026 · 18:02 IST

Swati Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/02/2026 ,inter alia, to consider and approve RESIGNATION OF MANAGING DIRECTOR ....

Ceo ResignedManagement Changes View source PDFExplain this filing

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Price reactionminutes from the announcement price · days from the prior close
-3.6%Reaction day
₹30.85
prior close
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announcement price
After-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-4.6% vs market
Non Banking Financial Company (NBFC) peers, median of 205sector+0.0%-3.6% vs sector

On the reaction day the stock moved 4.6 pts less than Nifty Microcap 250 and 3.6 pts less 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.

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Reaction day
-3.6+1.0-4.6+0.0-3.6
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-2.6+1.3-3.9+0.0-2.6
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-6.4-0.3-6.1-0.6-5.8
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+22.5+3.5+19.0-1.9+24.4
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+7.0+4.6+2.3-2.8+9.8
UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 205Pending

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

AI summary

Swati Projects Ltd has informed BSE that a meeting of its Board of Directors is scheduled for February 24, 2026, at 3:30 PM. The primary agenda item is to take note of and accept the resignation of Mr. Shreegopal Daga from the position of Managing Director. The intimation has been filed under Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The notice is signed by Ravi Todi, Wholetime Director (DIN: 11511076). The company is registered in Kolkata and listed on BSE, Calcutta Stock Exchange (CSE), and Metropolitan Stock Exchange (MSEI).

Likely market impact

The exit of the Managing Director is a significant leadership change at the top of the company. Retail investors should monitor for the formal resignation disclosure (under SEBI LODR Reg 30) which may detail the reason and effective date, as well as any announcements about a successor, as leadership transitions can affect stock sentiment.