We wish to inform you that, the Board of Directors of the Company ("Board") at its meeting held on i.e. Friday, 1 September,2023, has inter-alia approved the shifting of registered office ....
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The board of directors approved shifting the company's registered office within Surat, from Meznine Floor, Nilkamal Apartment at Salabatpura (Surat-395003) to Shop No. GF/27, Aagam Cross Road AC Market, Vesu (Surat-395007), effective September 1, 2023. The intimation to BSE, however, was sent only on June 19, 2025 — a delay of nearly two years — which the company attributed to 'legal technical reasons' in filing the required form under the Companies Act, 2013. The company has formally regretted the delayed intimation. Section 12(4) of the Companies Act, 2013 was cited as the legal basis for the shift, which stays within local city limits.
The address change itself is routine and within the same city, so there is no material operational or financial impact. However, the nearly two-year delay in informing the stock exchange points to weak compliance and corporate governance, which is a red flag for shareholders.