Approval of Shifting of Registered Office of the company within the same city, town and Resignation of director taken on record.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board of Saptak Chem And Business Ltd, held a meeting on December 29, 2025, where it approved two key items. First, the company is shifting its registered office within Ahmedabad, from Rangoli Apartment to C-608, Shyam Parisar, Isanpur. Second, Mr. Manthan Bhavsar (DIN: 05208214) resigned from his positions as Managing Director and Director of the company, effective the same day. Mr. Bhavsar cited personal pre-occupations as the reason for stepping down and confirmed there are no other material reasons behind his exit. He held no shares in the company. Rohitkumar Parikh (DIN: 07394964) continues as Managing Director and signed the intimation to the stock exchange.
The resignation of the Managing Director is a notable leadership change that shareholders should monitor, though the stated reason (pre-occupations) is routine and no governance concerns were flagged. The registered office shift is purely administrative within the same city and unlikely to affect operations or stock price.