Swati Projects Ltd has announced the resignation of Mr. Shreegopal Daga from the position of Managing Director. The decision was noted during the company’s recent board meeting. This leadership change marks a significant transition for the NBFC, which has been operating since 1983 and is listed on multiple exchanges.
Swati Projects Ltd, a non-deposit taking NBFC registered with the Reserve Bank of India, has confirmed that Mr. Shreegopal Daga has stepped down as Managing Director. The announcement was made in accordance with SEBI’s Listing Obligations and Disclosure Requirements, following the company’s board meeting held in February 2026.
Mr. Daga, one of the promoters of the company, has played a pivotal role in steering Swati Projects’ financial intermediation and securities investment operations. His resignation signals a leadership transition at a time when the company continues to focus on strengthening governance and aligning with regulatory frameworks.
The board is expected to announce further updates regarding succession planning and new leadership appointments in the coming weeks.
Key Highlights
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Resignation: Mr. Shreegopal Daga resigns as Managing Director.
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Company Profile: NBFC registered with RBI, incorporated in 1983.
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Promoter Role: Daga has been a key promoter and leader of the company.
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Regulatory Compliance: Announcement made under SEBI Listing Regulations.
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Next Steps: Board to finalize succession and leadership restructuring.
Sources: Swati Projects Ltd Corporate Filing, BSE Announcement, ZaubaCorp Company Records