Swaraj Engines Limited has announced its board meeting schedule to review the company's annual financial performance and consider dividend recommendations for shareholders, as per the official regulatory filing submitted to stock exchanges.

Board Meeting Details

The company has scheduled a board of directors meeting for April 13, 2026 (Monday) to consider and approve several key agenda items for the financial year ended March 31, 2026.

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading in Securities, Swaraj Engines Limited has implemented a trading window closure to ensure compliance with regulatory requirements.

Regulatory Compliance

The announcement has been made pursuant to Regulation 29(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings that will consider financial results.

The official communication was addressed to both BSE Limited and National Stock Exchange of India Limited, with specific reference to the company's scrip details. The notification was digitally signed by Rajesh K. Kapila, Company Secretary (M.No.: ACS-9936), and dated April 1, 2026.

Key Highlights

The upcoming board meeting represents a significant milestone for the company as it will review and approve audited financial results for the complete financial year and consider equity dividend recommendations for shareholders. The company has ensured full compliance with regulatory disclosure requirements and maintained transparency in corporate governance practices.

Shareholders and investors should note the trading window restrictions during the specified period and await the official financial results announcement following the board meeting.

Swaraj engines Limited has announced a key leadership appointment, with the Board of Directors approving the selection of Mr. Sanjay Kshirsagar as Chief Executive Officer (Designate). The appointment was formalized during a board meeting held on March 30, 2026, following recommendations from the Nomination and Remuneration Committee, as disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Appointment Details

The company has formally notified both BSE Limited and National Stock Exchange of India Limited regarding this strategic leadership appointment. Mr. Kshirsagar will assume his role as Chief Executive Officer (Designate) and Senior Management Personnel effective April 10, 2026.

Professional Background and Expertise

Mr. Sanjay Kshirsagar brings extensive industry experience to his new role. As a Mechanical Engineer with a Post Graduate degree in Financial Management, he possesses over 34 years of rich experience in projects and manufacturing operations. Currently, he oversees the Engine Plants of Mahindra & Mahindra Ltd. at Chakan and Igatpuri locations.

His leadership has been instrumental in driving significant volume ramp-ups, achieving approximately 3X growth over the past five years. This expansion has supported engine requirements for various vehicle segments including:

• Passenger Vehicles: Scorpio, Thar, XUV700, XUV300, XUV3XO, XUV7XO
• Commercial Vehicles: Bolero Pickup and Veero
• Specialized Applications: MTBD, Powerrol, and Defence requirements

Technical and Operational Achievements

Mr. Kshirsagar has demonstrated leadership in manufacturing digitization and the transition towards Manufacturing AI. His expertise encompasses comprehensive processes across Machine Shops and Assembly Lines for Engines, Tractors, and Two-Wheelers. He played a pivotal role in the merger of Mahindra Heavy Engines Ltd. (MHEL) with M&M in 2025.

Key Contributions:

Career Progression and Leadership Roles

Throughout his 25-year tenure at Mahindra, Mr. Kshirsagar has held positions of increasing responsibility. His career progression includes roles as Product unit head for Farm Division Kandivali, Manufacturing Head FD Zaheerabad, and Plant Head Mahindra Two Wheeler (MTWD) Indore. In these positions, he has successfully managed new product launches, volume ramp-ups, and sustainable delivery systems.

He currently leads sector-level cross-functional teams (CFTs) for Gender Diversity, TPM-JH implementation, and Machining. Prior to his Mahindra career, he gained valuable experience at Greaves, Kirloskar, and Borosil, building a comprehensive foundation in manufacturing and operations management.

Corporate Governance and Independence

The company has confirmed that Mr. Sanjay Kshirsagar is not inter-se related to any Director of the Company, ensuring independence in his executive role. The appointment follows all regulatory requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, with formal notifications sent to both BSE Limited (Scrip Code: 500407) and National Stock Exchange of India Limited (Scrip Name: SWARAJENG).