Intimation regarding receipt of Order from Regional Director (Eastern Region), Ministry of Corporate Affairs, Kolkata, approving the shifting of Registered Office of the Company from the "State of Orissa" to the "State of Gujarat".
ORIENTCEM · price
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Orient Cement has received approval from the Regional Director (Eastern Region), Ministry of Corporate Affairs, Kolkata, to shift its registered office from the State of Orissa to the State of Gujarat. This is a procedural step that has now been formally cleared by the regulatory authority. Shareholders and stakeholders will likely be informed of the new registered office address in due course. The change of state of registration may also require further filings and updates with stock exchanges and other agencies.
This is primarily an administrative restructuring with no direct material impact on operations, financials, or shareholder value. It may slightly affect future tax or regulatory compliance costs depending on the two states' policies, but is largely neutral for investors.