Change in registered office address of the Company from "501, Delta , Technology, Street, Powai, Mumbai, Maharashtra, India - 400076" to "C-801, Neelkanth Business Park, vidyavihar (West), ....
Awaiting price reaction for this filing.
Nitin Fire Protection Industries' board, meeting on February 17, 2026, approved a shift of its registered office from Powai to Neelkanth Business Park in Vidyavihar West, Mumbai. Mr. Bharat Shah, a 67-year-old with over 47 years of experience in legal, taxation, and finance, was appointed as the new Chief Financial Officer effective the same day. The board also appointed AVS & Associates as Secretarial Auditor for FY 2024-25 and 2025-26, and Jimit Kamdar & Associates as Internal Auditor for FY 2025-26 and 2026-27. Additionally, the company said it has accepted consent terms and filed for cancellation of a sale certificate at the Debt Recovery Tribunal (DRT).
The new CFO brings decades of in-house experience, signalling continuity. The DRT sale certificate cancellation removes a likely overhang on the company, while management's stated pursuit of recapitalisation funding and inorganic growth could be a positive catalyst but also raises near-term dilution or restructuring risk for shareholders.