Announced Wed, 29 Apr · 17:17 IST

This is to inform you that the Regional Director, Navi Mumbai, Wester Region Directorate-II, Ministry of Corporate Affairs has approved the shifting of Registered office of the Company ....

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Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹17.52
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AI summary

The Regional Director, Navi Mumbai, Ministry of Corporate Affairs has approved the shifting of Pace E-Commerce Ventures Ltd's registered office from Pune, Maharashtra to Gujarat. The company stated that its majority of administrative operations, manufacturing activities, and overall business management are already being carried out from Ahmedabad, Gujarat. Only minimal business activities were being conducted in Maharashtra. The company filed application under Section 12(5) and 13(4) of Companies Act, 2013. The order was approved on 28th April 2026 and received by the company on 29th April 2026. The Registrar of Companies will change from ROC Pune to ROC Gujarat, Dadra and Nagar Havelli.

Likely market impact

This is an administrative relocation aligning the registered office with the company's actual operational base in Gujarat. It should reduce compliance burden and improve operational efficiency. No direct impact on stock price expected, though it reflects business consolidation.