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.