BSEI-Power Solutions India LtdLowNeutral
Announced Fri, 26 Sept · 17:59 IST

Alteration of Memorandum of Association pursuant to shifting of registered office from the State of Tamil Nadu to the State of Telangana subject to Regional Director''s Approval.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

I-Power Solutions India Ltd has informed the stock exchange that its shareholders approved the shifting of the company's registered office from the State of Tamil Nadu to the State of Telangana at the Annual General Meeting held on 26 September 2025. As a result, Clause 2 of the Memorandum of Association will be amended to state that the registered office will be situated in Telangana. The change is subject to approval from the Regional Director, Southern Region, Ministry of Corporate Affairs, and any other required approvals. The current registered and corporate office is at Vaigai Street, Besant Nagar, Chennai-600090.

Likely market impact

This is a largely administrative and procedural change with no direct impact on the company's financials or operations. Shareholders should note that the shift is only fully effective once the Regional Director's approval is received, and it does not signal any change in business activity or strategy.