Announced Mon, 2 Mar · 22:11 IST

Shifting of Registered Office of the company

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LGT Business Connextions Ltd held a board meeting on 2nd March 2026 and announced four key decisions. First, the company is shifting its registered office within West Mambalam, Chennai — from New No.38/Old No.44 to No. 18/1 & 18/2 (18), First Cross Street, Brindavan Street Extension, a very small move within the same neighbourhood. Second, it has appointed Mr. Dhawal Padmakar Bhute (DIN: 08426133) as an Additional Director; he brings over 25 years of leadership experience in corporate travel, MICE, and international sales, with prior stints at Kuoni Travel India, Cox & Kings, and Le Passage to India. Third, Mr. Chintan Virendra Chheda (DIN: 08085061) has also been appointed as an Additional Director; he is an entrepreneur with a background in engineering and management, focused on international trade fair participation and B2B travel solutions. Fourth, the board approved the issuance of a Postal Ballot Notice to seek shareholders' approval on certain matters. Neither new director is related to existing board members, and both are eligible under SEBI norms.

Likely market impact

The office shift is cosmetic and unlikely to affect operations. The two director additions bring deep travel-industry expertise, which aligns with LGT's core business in global accommodations and international holidays and could support future growth. Shareholders should watch for the Postal Ballot Notice, which will reveal the specific items requiring their approval and is the more material event for voting purposes.