Sawaca Enterprises Ltd — Important, 05-09-2025: Company Update

Sawaca Enterprises' board has approved key resolutions from its recent meeting. The company appointed Mr. Kishor Girishbhai Agaja and Mrs. Binaben Vijaykumar Shah as Additional Non-Executive Independent Directors to fill vacancies. These changes follow the resignations of Mrs. Lilaben Kishor Bhai Agaja and Mr. Vijay Chhotalal Shah, who cited other commitments. The board also reappointed Mr. Shetal S Shah as Chairman and Managing Director. All director appointments and reappointments are subject to shareholder approval at the upcoming Annual General Meeting. Consequently, the Audit, Nomination & Remuneration, and Stakeholder Relationship Committees have been reconstituted, ensuring robust governance.