1. Establishment of Corporate Office The Board has approved the change of a Corporate Office of the Company from 16/121-122, Jain Bhawan Faiz Road, W.E.A Karol Bagh, New Delhi, Delhi, ....
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The board of Abhijit Trading Company Ltd (now renamed Malt Land Distilleries Limited) met on December 30, 2025, and approved shifting its Corporate Office from Karol Bagh (Faiz Road) to Rajendra Place Metro Station in New Delhi. The new office will handle centralised management, administration, and operational functions, with Director Virendra Jain authorised to finalise lease and setup arrangements. The board also took note of three director resignations: Ms. Babita Jain (Director) effective November 19, 2025, Mr. Luv Sharma (Independent Director) effective November 18, 2025, and Mr. Bhupendra Kaushik (Independent Director) effective December 23, 2025. The company remains registered in Mumbai (Borivali West) with BSE Scrip Code 539560.
The corporate office relocation is routine, but the departure of two Independent Directors and one Director within a short span raises corporate governance concerns for shareholders to watch, especially regarding board composition and succession planning.