Outcome of the Postal Ballot Notice dated 17.10.2025 along with the Scrutinizer Report
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Shanti Educational Initiatives Limited conducted a Postal Ballot (remote e-voting) from 18 October 2025 to 16 November 2025 to seek shareholder approval for shifting its Registered Office from Gujarat to Haryana, along with a corresponding alteration to the Memorandum of Association. Out of 4,331 shareholders on record date (cut-off 10 October 2025), all valid votes cast totalled 8,89,26,845 shares, with 100% polled. Both promoter group (8,60,06,553 shares) and public non-institutional shareholders (29,20,292 shares) voted 100% in favour, with zero votes against and just 51 invalid votes. The special resolution was passed with the requisite majority, though it remains subject to approvals from the Regional Director and Central Government. A corrigendum was also issued on 27 October 2025 to fix a typographical error in the original notice.
The company has received clear shareholder mandate to relocate its registered office from Gujarat to Haryana, which could have implications for the regulatory jurisdiction, tax considerations, and future compliance costs. Since the move still requires government approvals, the effective date and operational impact will depend on those clearances.