Swati projects Limited has announced a board meeting to address a key leadership transition, with the company set to formally discuss the resignation of a senior executive from its management team.

Board Meeting Details

The company has scheduled a board meeting for April 15, 2026, at 3:30 PM at its registered office located at 13, Ganesh Chandra Avenue, 2nd Floor, Room No. 12, Kolkata-700013. The meeting has been convened in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Matter

The sole agenda item for the board meeting involves the resignation of Mr. Ravi Todi from his position as Whole Time Director. The board will receive, consider, and accept his resignation from the company. Mr. Ravi Todi holds Director Identification Number (DIN) 11511076 and has been serving in the capacity of Whole Time Director.

Regulatory Compliance

The meeting notice was issued on April 7, 2026, and has been communicated to all relevant stock exchanges where the company's shares are listed. The notification was sent to BSE Limited, Metropolitan Stock Exchange of India Limited, and Calcutta Stock Exchange Limited, ensuring compliance with listing requirements.

Company Information

Swati Projects Limited operates under CIN L65993WB1983PLC036332 and maintains its registered office in Kolkata. The company notice was signed by ShreeGopal Daga, Director (DIN: 00397379), who digitally authenticated the document on April 7, 2026. This board meeting represents a routine corporate governance procedure as the company manages its leadership structure and ensures proper regulatory disclosures regarding directorial changes.

Swati Projects Limited has provided clarification regarding leadership changes following its board meeting held on February 24, 2026. The company addressed the resignation of its Managing Director while confirming continued board participation in a different capacity.

Leadership Transition Details

The company clarified that Mr. Shreegopal Daga has stepped down from his executive role as Managing Director. However, his association with the company continues as he transitions to a non-executive position on the board.

Regulatory Communication

Swati Projects Limited formally communicated this clarification to multiple stock exchanges where its shares are listed. The notification was sent to ensure proper disclosure and regulatory compliance.

Exchange Notifications

The company addressed its communication to:

• BSE Limited (Scrip Code: 543914)
• Calcutta Stock Exchange (Scrip Code: 029458)
• Metropolitan Stock Exchange of India Limited (Symbol: SWATI)

Board Composition Impact

The leadership change represents a transition from executive to non-executive responsibilities while maintaining board continuity. Mr. Daga's continued presence as a promoter director ensures ongoing strategic involvement despite stepping back from day-to-day management responsibilities.

The clarification was signed by Ravi Todi, Wholetime Director (DIN: 11511076), emphasizing the company's commitment to transparent communication with stakeholders and regulatory authorities regarding significant corporate developments.