Sawaca Enterprises Ltd — Important, 04-09-2025: Company Update

The company's board has approved several key governance changes. It appointed Mr. Kishor Girishbhai Agaja and Mrs. Binaben Vijaykumar Shah as Additional Non-Executive Independent Directors, following the Nomination and Remuneration Committee's review. These appointments, along with their proposed regularization, are subject to shareholder approval at the 31st Annual General Meeting. The board also accepted the resignations of Mrs. Lilaben Kishor Bhai Agaja and Mr. Vijay Chhotalal Shah, citing other professional commitments. Additionally, the board approved the re-appointment of Mr. Shetal S Shah as Chairman and Managing Director, pending shareholder consent, and reconstituted its Audit, Nomination and Remuneration, and Stakeholder Relationship committees.