Sanghvi movers Limited has announced a board meeting to review its quarterly financial performance, marking an important milestone in its corporate governance calendar.

Board Meeting Details

The company has scheduled a board meeting for February 06, 2026, in compliance with regulatory requirements. The meeting will focus on reviewing and approving the company's financial performance for the recently concluded quarter.

Trading Window Restrictions

In accordance with the company's Code of Conduct for Prevention of Insider Trading, Sanghvi Movers Limited has implemented trading restrictions to ensure compliance with securities regulations.

Regulatory Compliance

The board meeting announcement demonstrates the company's adherence to regulatory requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the scheduled meeting.

The notification was signed by Vinav Agarwal, Company Secretary and Chief Compliance Officer, ensuring proper corporate governance protocols are followed. The company maintains its registered office at Survey No. 92, Tathawade, Taluka - Mulshi, Pune, Maharashtra.

Sanghvi Movers Limited has announced that its wholly owned subsidiary, Sanghvi Movers Botswana Proprietary Limited, has been awarded a significant work order worth USD 4.3 million from Jindal Energy Botswana (Pty) Limited. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Contract Specifications

The awarded contract is for a 4*175 MW project, with execution scheduled to commence from Q4 of FY 2025-26 and completion targeted by Q4 of FY 2027-28. Under the agreement, Sanghvi Movers Botswana Proprietary Limited will supply cranes along with agreed material and manpower to Jindal Energy Botswana as per contract requirements.

Regulatory Disclosure

The company confirmed that this is an international contract with no related party transactions involved. The promoter, promoter group, or group companies have no interest in Jindal Energy Botswana (Pty) Limited, ensuring the contract maintains arm's length transaction status.

Strategic Significance

This substantial order reinforces Sanghvi Movers' international expansion strategy through its subsidiary operations in Africa. The multi-year contract duration provides revenue visibility and demonstrates the company's capability to secure long-term projects in the international crane and heavy lifting services market. The project's scale and timeline indicate significant operational commitment in the Botswana market, potentially opening doors for future opportunities in the region.