Sanghvi Movers Limited — Important, 14-11-2024: Updates

The Board of Directors of Sanghvi Movers Limited has approved changes to the composition of its Audit Committee, effective immediately. The updated Audit Committee now comprises Mrs. Madhu Oubhashi as Chairperson and Mr. Madhukar Kotwal, Mr. Indraneel Chitale, and Mr. Tushar Mehendale as members, all holding the designation of Independent Directors. This strategic adjustment may enhance governance and oversight, potentially reinforcing investor confidence and aligning with the company's commitment to strong corporate governance practices. Stakeholders should monitor the performance and decisions of the newly constituted committee as they can impact the overall operational transparency and shareholder value.