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

The company's Board has approved preparations for its 31st Annual General Meeting, including the Director's Report and a scrutinizer appointment. Significant board changes occurred: Mr. Kishor Girishbhai Agaja and Mrs. Binaben Vijaykumar Shah were appointed as Additional Independent Directors, replacing Mrs. Lilaben Kishor Bhai Agaja and Mr. Vijay Chhotalal Shah, who resigned. The Board also proposed reappointing Mr. Shetal S Shah as Chairman and Managing Director, and regularizing the new independent directors, both pending shareholder approval at the AGM. Furthermore, key committees like Audit and Nomination & Remuneration were reconstituted.