Swaraj Engines Ltd (SWARAJENG) — Voting Results | 22 September 2026

22 September 2026 · BSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Shareholders approved Sanjay Kshirsagar's appointment as Director and Whole Time Director & CEO via remote e-voting.

🔄 What Changed

Appointment of Sanjay Kshirsagar as Whole Time Director with a three-year tenure and revised remuneration structure including salary, perquisites, ESOPs, and performance pay up to 175% of basic salary.

🔮 What's Next

The appointment is effective from September 1, 2026, to August 31, 2029, subject to regulatory approvals and annual performance reviews.

💡 Investor Takeaway

Shareholders approved the new Whole Time Director's compensation package, including salary and performance-linked incentives, effective September 2026.

Swaraj Engines Limited announced a postal ballot notice for shareholder approval of two key appointments: Sanjay Kshirsagar as Director and Whole Time Director & CEO, effective September 1, 2026, with a three-year tenure and remuneration up to Rs. 1.69 lakh monthly plus performance-linked pay. The e-voting period runs from September 23 to October 22, 2026, via NSDL platform, requiring demat account holders to vote remotely. Physical notices were not sent; members must use registered email addresses to access the notice and vote electronically.

📄 View Original Announcement (PDF)

📊 Stock Analysis — SWARAJENG ✨ Ask AI About This

About Swaraj Engines Ltd (SWARAJENG)

Capital Goods · Capital Goods-Non Electrical Equipment · Listed on BSE

Market Cap: ₹4,307.61 CrP/E: 21.3ROE: 41.3%ROCE: 55.5%Div Yield: 3.10%

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📊 More SWARAJENG filings

🟡 Board Meeting — 1 September 2026Swaraj Engines announced the retirement of Mr. Devjit Sarkar as Whole Time Director and CEO effectiv...
🟡 Board Meeting — 1 September 2026Swaraj Engines announced the cessation of Mr. Devjit Sarkar as Whole Time Director and CEO effective...
🟡 Board Meeting — 31 August 2026Swaraj Engines announced the appointment of Sanjay Kshirsagar as Additional Director and Whole Time ...
🟡 Board Meeting — 31 August 2026Swaraj Engines appointed Sanjay Kshirsagar as Additional Director and Whole Time Director and CEO ef...
🟡 Board Meeting — 31 August 2026Swaraj Engines announced the appointment of Sanjay Kshirsagar as Additional Director and Whole Time ...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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