Sanghvi Movers’ 36th AGM adopts accounts, outlines "Elevate 2030" strategy

Sanghvi Movers Limited successfully conducted its 36th Annual General Meeting (AGM) on Wednesday, September 24, 2025, via video conference. The meeting saw the adoption of annual standalone and consolidated accounts for the year ended March 31, 2025, and the declaration of a final dividend on equity shares for FY 2024-25. Additionally, Mrs. Maithili R. Sanghvi was eligible for re-appointment as a director.

The AGM also covered the appointment of M/s Kanj & Co., LLP Company Secretaries as secretarial auditors for five consecutive years. Chief executive Mr. Gaurang Desai, chief financial officer Mr. Pradeep Mehta, and company secretary Mr. Vinav Agarwal were present. Fifty-three members attended the virtual meeting, ensuring the presence of a quorum.

managing director Mr. Rishi Sanghvi briefed members on the "Elevate 2030" program, emphasizing six pillars: Customer Centricity, Global Expansion, Product Portfolio Diversification, People-First Culture, Financial Growth, and Digital Scalability. The initiative aims to transition to a business unit-based structure, enhancing operational autonomy and capital independence, and detailed growth plans for Sangreen Future (renewable energy) and Sanghvi Movers Middle East (Saudi expansion).