Intimation wrt Amendment to MOA under Regulation 30 of LODR
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Naksh Precious Metals Ltd (formerly Vaksons Automobiles Limited) has informed the stock exchange that shareholders have approved the shifting of the company's registered office from Delhi to Maharashtra through a postal ballot (remote e-voting). The company's Memorandum of Association has been amended to change Clause II, which now states the registered office will be situated in the state of Maharashtra under the jurisdiction of the Registrar of Companies, Mumbai. The amended MOA has been uploaded to the company's website. The approval was based on the scrutinizer's report and was disclosed under SEBI Listing Regulations.
This is a routine corporate restructuring move with no direct impact on shareholders' financial interests or stock price. The shift aligns the registered office with the company's existing corporate office location in Maharashtra, potentially simplifying operations.