Outcome of Meeting of the Board of Directors held on Monday, October 06, 2025, with respect to change in registered office.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aviva Industries' Board, at its meeting on October 7, 2025, decided to withdraw the earlier plan to shift the company's Registered Office from Navi Mumbai (Maharashtra) to Gujarat. Just a week earlier, on September 30, 2025, shareholders had approved this move via a special resolution at the AGM. After reviewing business needs, costs, and growth prospects, the Board concluded that staying in the current location offers better business opportunities and a more favorable operating environment. The Registered Office will therefore continue to remain at Ground Floor, Shop No. 4, Casa Blanca, Plot No. 45, Sector 11, CBD Belapur, Navi Mumbai – 400614, Maharashtra. No applications or petitions will be filed with any regulatory authority for the proposed shift.
For shareholders, this means status quo on the company's operational base — the Registered Office stays in Navi Mumbai, so there is no disruption from relocation. The reversal of a recently approved shareholder resolution may raise minor questions on board's strategic direction, but is unlikely to have a material impact on the stock price as the operational footprint remains unchanged.