Outcome of Meeting of the Board of Directors held on Monday, October 06, 2025, with respect to change in registered office.
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Mardia Samyoung Capillary Tubes Company Ltd has decided not to move its registered office out of Mumbai after all. Earlier, the Board had approved on August 30, 2025 and shareholders had ratified on September 21, 2025 a proposal to shift the registered office from Maharashtra (Mumbai) to Gujarat (Ahmedabad). However, after a fresh review of the business environment and growth prospects, the Board concluded that Mumbai offers stronger strategic and commercial benefits. The Board met on October 6, 2025 and resolved to drop the earlier proposal, with no further action to be taken with regulators.
This is essentially a reversal of a previously approved move and signals the company is comfortable staying in Mumbai. For shareholders, it is a neutral-to-slightly positive development as the company retains its existing operational base and avoids the cost and disruption of relocating its registered office.