Jattashankar Industries Limited has informed the exchange about outcome of Board Meeting held on 05th September, 2025.
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The board of Jattashankar Industries met on 5th September 2025 and approved two items. First, the company is shifting where it maintains its books of accounts to a new office in Ahmedabad, Gujarat (Empire Business Hub, Sola, Science City Road) from September 2025, though the registered office in Goregaon, Mumbai remains unchanged. Second, the board issued a corrigendum to the 37th AGM notice (AGM scheduled for 20th September 2025) to fix an error in Item No. 7. Mr. Vishal Prakashbhai Ashara, previously listed for regularization as a Director liable to retire by rotation under an ordinary resolution, will instead be regularized as Executive Director for a 5-year term (21st June 2025 to 20th June 2030) via a special resolution. He will not draw any remuneration from the company.
This is largely procedural with no material financial impact for shareholders. The Ahmedabad office relocation suggests possible operational expansion in Gujarat, while Mr. Ashara's shift to Executive Director status (without pay) gives him a formal executive role for five years, requiring shareholder approval at the upcoming AGM.