Prashant India Limited infromed Exchage regarding Change in Registered Office.
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Prashant India Ltd has informed the BSE that shareholders, via postal ballot (remote e-voting ended October 14, 2025), approved two key changes. First, the company altered its Memorandum of Association by inserting a new sub-clause in the Main Objects, which now permits it to lease, rent out, or hire its land, buildings, industrial premises, plant, machinery, and other assets to third parties for industrial, commercial, power, renewable energy, or warehousing activities. Second, the registered office has been shifted from Palsana (Block No. 456, N.H. 8, Palsana-394315, District Surat) to Surat city (4th Floor Office-407, Union Trade Centre, Udhana Darwaja, Surat-395002), still within Gujarat and under the same Registrar of Companies. The new registered office address is effective immediately, and the change has been disclosed under SEBI LODR Regulation 30 read with Schedule II.
The MOA amendment opens the door for the company to monetize its existing assets through leasing or renting, and signals possible interest in renewable energy or warehousing businesses. The registered office shift to a more central Surat city location is administrative but may reflect an intent to scale up operations or improve accessibility. No direct financial impact on shareholders, though the broader object clause could enable future diversification.