Sanghvi Movers Limited has appointed Mr. Saumil Dave as its new Chief Operating Officer (COO), effective April 14, 2026. The Board of Directors approved the appointment, based on a recommendation from the Nomination and Remuneration Committee, strengthening the company's senior management.
Mr. Dave brings a Bachelor of Commerce degree and significant professional experience. His background includes roles at companies such as IFS Logistics and Flipkart, where he is expected to leverage his expertise to enhance operational efficiency.
Sanghvi Movers Limited, established in 1989, is India's and Asia's largest, and the world's 5th largest crane rental company. It operates a fleet of over 450 cranes, serving critical sectors like wind energy, power, steel, cement, and metro railways. The company went public in 1995 and has also expanded into the Middle East.
The COO role is key to translating strategic plans into daily operational execution. Mr. Dave's leadership is expected to streamline processes, improve efficiency, and support the company's growth objectives by bringing fresh perspectives to operational strategies.
Sanghvi Movers operates in a niche but essential industrial services segment. Its key competitors in heavy equipment and material handling solutions include TRF Ltd and TIL Ltd.
