Intimation regarding the shifting of registered office from National Capital Territory of Delhi to State of Haryana as attached
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Chandra Prabhu International Limited has received approval from the Ministry of Corporate Affairs (Regional Director, Northern Region) on May 15, 2025 to shift its registered office from NCT of Delhi to the State of Haryana. The board had approved the move on July 25, 2024, and shareholders had approved it at the 39th Annual General Meeting on September 21, 2024. The new registered office will be at 1512, 15th Floor, Galleria Towers, DLF Phase-IV, Gurugram-122009, which is the same location as the company's existing corporate office. The company cited reasons including better administrative convenience, reduced expenses, access to skilled resources at lower cost, and proximity to its customer base for the move.
This is a purely administrative relocation with no direct financial or operational impact on shareholders. It may bring minor cost savings by consolidating the registered and corporate office functions, but the stock price is unlikely to be materially affected by this announcement.