BSEGlaam Up Jwel LtdMediumNeutral
Announced Wed, 5 Nov · 14:20 IST

ALTERATION OF REGISTERED OFFICE CLAUSE OF MEMORANDUM OF ASSOCIATION

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gleam Fabmat Limited's board met on November 5, 2025 and approved several items. The key proposal is shifting the registered office from the State of Delhi to the State of Gujarat, which will require shareholder approval at the upcoming 7th Annual General Meeting. The board also approved a change in the company's name along with corresponding changes to the MOA and AOA. Additionally, M/s Kapish Jain and Associates were appointed as new Statutory Auditors, Mr. Mayabhai Bhikhabhai Kotar was regularized as a Director, and approvals were granted for loans and guarantees under Sections 185 and 186 of the Companies Act, 2013. The Registrar and Transfer Agent (RTA) is also being changed, and M/s Amit Saxena & Associates were appointed as scrutinizer for the remote e-voting at the 7th AGM.

Likely market impact

The relocation of the registered office to Gujarat aligns the legal domicile with the company's operational base in Ahmedabad, which may simplify governance. Both the office shift and the proposed name change require shareholder approval at the AGM, and outcomes will be tracked. No direct material impact on financials is indicated in this filing.