GPT Infraprojects Limited has informed the Exchange about General Updates of change in registered office of Alcon Builders and Engineers Private Limited, wholly owned subsidiary of teh compny from National Capital Territory of Delhi to the State of West Bengal
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GPT Infraprojects Limited has informed the stock exchange about a change in the registered office of its wholly owned subsidiary, Alcon Builders and Engineers Private Limited. The subsidiary's registered office is being shifted from the National Capital Territory of Delhi to the State of West Bengal. This is an administrative relocation and does not involve any change in ownership or business operations. Alcon Builders and Engineers remains a 100% wholly owned subsidiary of GPT Infraprojects. The move likely reflects operational, strategic, or tax-related considerations tied to the subsidiary's business activities.
This is a routine administrative update with no direct financial impact on GPT Infraprojects shareholders. The registered office shift of a wholly owned subsidiary is unlikely to materially affect the stock price or shareholder value.