Swati projects Limited has announced a board meeting scheduled for February 6, 2026, at 3:30 PM at the company's registered office to discuss significant organizational changes. The meeting, convened under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, will address key leadership transitions within the company.

Meeting Agenda and Key Decisions

The board meeting will focus on several critical agenda items related to Mr. Ravi Todi's role transition within the organization. The primary discussions will center around his resignation from one position and subsequent appointment to a new executive role.

Leadership Transition Details

The meeting will address Mr. Ravi Todi's resignation from his current position as Company Secretary & Compliance Officer, a Key Managerial Personnel role, effective from February 6, 2026. Simultaneously, the board will consider his appointment as a Whole-Time Director of the company, also effective from the same date, subject to shareholder approval in the next General Meeting.

Remuneration and Regulatory Compliance

The board will also deliberate on approving the terms of appointment and remuneration payable to Mr. Ravi Todi in his new capacity as Whole-Time Director. Additionally, the meeting will authorize directors or authorized persons to sign and file Form DIR-12 and other necessary documents with the Registrar of Companies regarding both the resignation and the new appointment.

Company Information

Swati Projects Limited, incorporated under CIN L65993WB1983PLC036332, operates from its registered office at 13, Ganesh Chandra Avenue, Kolkata. The company's shares are listed on multiple exchanges including BSE (Scrip Code: 543914), Calcutta Stock Exchange (Code: 029458), and Metropolitan Stock Exchange of India Limited (Symbol: SWATI), with ISIN INE210F01016.

Swati Projects Limited has announced its unaudited financial results for the quarter ended September 30, 2025 (Q2FY26), demonstrating significant growth in consolidated performance while maintaining stability in standalone operations. The company's Board of Directors approved the results at a meeting held on November 14, 2025.

Consolidated Financial Performance

The company's consolidated results showed exceptional growth across key metrics for Q2FY26:

The remarkable surge in consolidated income was primarily driven by substantial project-related revenues, with income from operations reaching ₹2,359.78 lakh compared to ₹41.81 lakh in the previous year. Total expenses increased proportionally to ₹1,697.90 lakh from ₹16.96 lakh, including significant project costs of ₹782.54 lakh and inventory changes of ₹871.90 lakh.

Standalone Financial Results

On a standalone basis, the company maintained consistent operational performance:

The standalone operations showed steady income growth with total operational income of ₹34.74 lakh versus ₹30.79 lakh in Q2FY25. Net profit decreased to ₹21.47 lakh from ₹26.77 lakh, primarily due to higher tax expenses of ₹5.85 lakh compared to nil tax in the previous year quarter.

Half-Year Performance Analysis

For the half-year period ended September 30, 2025, consolidated performance remained strong:

Standalone half-year results showed income of ₹80.61 lakh versus ₹60.32 lakh in H1FY25, with net profit of ₹42.99 lakh compared to ₹46.95 lakh in the previous year.

Balance Sheet Highlights

As of September 30, 2025, the company's financial position reflected strong asset base:

Consolidated Balance Sheet:

• Total Assets: ₹2,619.10 lakh
• Equity Share Capital: ₹1,010.00 lakh
• Total Equity: ₹1,695.31 lakh
• Cash and Cash Equivalents: ₹160.59 lakh

Standalone Balance Sheet:

• Total Assets: ₹1,308.31 lakh
• Total Equity: ₹1,300.74 lakh
• Cash and Cash Equivalents: ₹2.33 lakh

Corporate Governance and Compliance

The company confirmed full compliance with regulatory requirements, stating no deviations in the use of IPO proceeds and confirming that debenture-related regulations are not applicable as no debentures have been issued. The results were reviewed by M Modi & Associates, Chartered Accountants, who provided clean review reports for both standalone and consolidated financial statements.

The paid-up equity share capital remained stable at ₹101.00 lakh (face value ₹10 per share) across all reporting periods, indicating no dilution during the quarter.

Swati Projects Limited's Q2FY26 results demonstrate robust growth, particularly in its consolidated performance. The company's consolidated net profit of ₹517.65 lakh represents a significant increase from ₹24.85 lakh in Q2FY25, driven by a substantial rise in operational income to ₹2,361.20 lakh. This strong financial performance underscores the company's successful project execution and operational efficiency during the quarter.