Swadeshi Industries Board Approves Un-Audited Financial Results
Swadeshi Industries & Leasing Ltd announced the outcome of its Board Meeting held on August 12, 2026. The board considered and approved the Un-Audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. Key management changes were also approved, including the appointment of Mr. Rajeev Ranjan Salari as an Additional Independent Director and the change in designation of Mr. Nitinkumar Radheshyam Sharma to Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). The company also approved changes in director categories, appointment of auditors, amendments to the Memorandum of Association, and plans for the upcoming Annual General Meeting.
Key Highlights
- Board approved Un-Audited Standalone & Consolidated Financial Results for Q1 FY27.
- Mr. Rajeev Ranjan Salari appointed as Additional Independent Director.
- Mr. Nitinkumar Radheshyam Sharma redesignated as CEO and KMP.
- Changes in director categories and auditor appointments were approved.
- Plans for AGM, including notice and record date, were discussed.
Price Impact
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