Sanghvi Movers Limited Appoints Saumil Dave as Chief Operating Officer

1 min read     Updated on 15 Apr 2026, 10:15 AM
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AI Summary

Sanghvi Movers Limited has appointed Mr. Saumil Dave as Chief Operating Officer and Senior Management Personnel, effective April 14, 2026. The appointment was approved by the Board following recommendations from the Nomination and Remuneration Committee. Mr. Dave brings extensive experience from IFS Logistics, Canadian Tire Corporation, Quantum Mail Logistics Solutions India Pvt. Ltd., and Flipkart, along with educational qualifications including a Bachelor of Commerce degree from Mumbai University and certifications from Ryerson University, Canada.

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Sanghvi movers Limited has announced the appointment of Mr. Saumil Dave as Chief Operating Officer (COO), marking a significant addition to the company's senior management team. The appointment was formalized on April 14, 2026, following approval from the Board of Directors based on recommendations from the Nomination and Remuneration Committee.

Appointment Details

The company has designated Mr. Dave as Senior Management Personnel under the Chief Operating Officer role. The appointment represents a full-time employment arrangement, strengthening the company's operational leadership structure.

Parameter Details
Position Chief Operating Officer (COO)
Appointment Date April 14, 2026
Employment Type Full Time
Designation Senior Management Personnel
Approval Process Board approval based on Nomination and Remuneration Committee recommendation

Professional Background

Mr. Saumil Dave brings substantial industry experience to his new role at Sanghvi Movers Limited. His professional journey includes significant positions across multiple organizations in the logistics and retail sectors. He has previously worked with IFS Logistics, Canadian Tire Corporation, Quantum Mail Logistics Solutions India Pvt. Ltd., and Flipkart, gaining diverse operational expertise.

Educational Qualifications

Mr. Dave's educational foundation includes a Bachelor of Commerce degree from Mumbai University. He has further enhanced his professional capabilities through specialized certifications in Marketing and Management from Ryerson University, Canada. Additionally, he holds a Project Management Program certification, which adds to his operational and strategic management credentials.

Qualification Type Details
Undergraduate Degree Bachelor of Commerce, Mumbai University
International Certification Marketing and Management, Ryerson University, Canada
Professional Certification Project Management Program

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all necessary disclosure requirements as mandated by SEBI regulations for senior management appointments. The formal intimation was communicated to both BSE Limited and National Stock Exchange of India Limited on April 15, 2026, ensuring complete regulatory transparency.

Historical Stock Returns for Sanghvi Movers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.88%+3.56%+27.96%-19.07%+5.95%+423.14%

What operational restructuring or expansion plans might Sanghvi Movers be preparing for that necessitated hiring a COO with e-commerce and logistics experience?

How could Mr. Dave's background with major players like Flipkart and Canadian Tire influence Sanghvi Movers' digital transformation strategy?

Will this senior management strengthening signal potential new business verticals or geographic expansion for the company in 2026-27?

Sanghvi Movers Limited Submits Q4FY26 Certificate Under SEBI Regulation 74(5)

1 min read     Updated on 08 Apr 2026, 10:06 PM
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Reviewed by
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AI Summary

Sanghvi Movers Limited submitted its Q4FY26 certificate under SEBI Regulation 74(5) on April 08, 2026, confirming proper dematerialisation processes. The certificate, issued by registrar MUFG Intime India Private Limited, verifies that all securities received for dematerialisation during the quarter ended March 31, 2026 were processed within prescribed timelines. The submission to BSE and NSE demonstrates the company's regulatory compliance and transparent handling of securities transactions.

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Sanghvi movers Limited has submitted its quarterly certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on April 08, 2026.

Regulatory Compliance Certificate

The certificate was issued by MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), which serves as the registrar and share transfer agent for Sanghvi Movers Limited. The document confirms compliance with dematerialisation processes during the fourth quarter of fiscal year 2026.

Parameter Details
Quarter Ended March 31, 2026
Certificate Date April 06, 2026
Submission Date April 08, 2026
Registrar MUFG Intime India Private Limited
SEBI Registration INR000004058

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed. The registrar verified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

The certificate also confirms that security certificates received for dematerialisation were confirmed or rejected within prescribed timelines. All received security certificates were mutilated and cancelled after due verification by the depository participant, with the names of depositories substituted in the register of members as registered owners.

Company and Registrar Information

Sanghvi Movers Limited, with CIN L29150PN1989PLC054143, has its registered office at Survey No. 92, Tathawade, Taluka - Mulshi, Pune, Maharashtra. The submission was signed by Vinav Agarwal, Company Secretary and Chief Compliance Officer (ACS: 40751).

MUFG Intime India Private Limited operates with SEBI registration number INR000004058 and is located at Block No 202, 2nd Floor, Akshay Complex, Off Dhole Patil Road, Pune. The certificate was signed by Ashok Shetty, Vice President – Corporate Registry.

Stock Exchange Listings

The company's shares are listed on both major Indian stock exchanges:

Exchange Code/Symbol
BSE Limited 530073
National Stock Exchange SANGHVIMOV

This quarterly certificate submission ensures transparency and regulatory compliance in the company's share dematerialisation processes, maintaining investor confidence in the proper handling of securities transactions.

Historical Stock Returns for Sanghvi Movers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.88%+3.56%+27.96%-19.07%+5.95%+423.14%

What impact might MUFG Intime's rebranding from Link Intime have on Sanghvi Movers' future registrar services and costs?

How could increased dematerialisation activity in Q4FY26 signal changes in Sanghvi Movers' investor base or trading patterns?

Will Sanghvi Movers consider expanding to additional stock exchange listings given their current dual-exchange presence?

More News on Sanghvi Movers

1 Year Returns:+5.95%