FDC Limited has informed the Exchange about Postal Ballot Notice for shifting of Registered Office of the Company from Waluj to Mumbai
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FDC Limited has issued a Postal Ballot Notice to seek shareholder approval for shifting the company's Registered Office from Waluj (Maharashtra) to Mumbai. Shareholders will be able to vote remotely through electronic means, and the results will be declared based on the voting outcome. The notice includes the explanatory statement detailing the rationale behind the proposed shift. The move requires an ordinary resolution as per the Companies Act, 2013, and shareholders are advised to review the notice carefully before casting their votes.
This is a routine corporate restructuring move with no direct impact on operations or financials. Shifting to Mumbai may improve corporate visibility and access to financial markets, but shareholders should approve only after reviewing the rationale and any associated costs.