SALSTEELBSES.A.L. Steel LtdMinimalNeutral
Announced Fri, 29 May · 19:06 IST

Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015 for Change in Registered Office of the Company within local limits of the same city

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹59.00
prior close
₹56.62
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+2.4+2.4+1.6+2.0+5.8+6.7+2.0+6.6-0.2-2.1-3.3
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AI summary

S.A.L. Steel Ltd has informed exchanges that its Board of Directors has approved a change in the company's registered office address. The new address is 604, Zion Z1, Near Avalon Hotel, Sindhubhawan Road, Bodakdev, Ahmedabad-380059, Gujarat. This move remains within the local limits of Ahmedabad city. The previous address was 5/1, Shreeji House, 5th Floor, B/h. M. J. Library, Ashram Road, Ahmedabad. The company has requested BSE and NSE to take this information on record as per SEBI LODR Regulation 30 requirements.

Likely market impact

This is a routine administrative change with no impact on company operations or shareholder value. The relocation within the same city limits is a standard corporate compliance matter.