Shifting of registered office of the company
Awaiting price reaction for this filing.
Kashyap Tele-Medicines Limited (Scrip Code: 531960) held a board meeting on August 14, 2025, where it approved shifting its registered office from Chandanwadi, Mumbai to Mahape, Navi Mumbai (Thane). The board also recommended changing the company's main objects and altering the company name, both subject to shareholder approval via postal ballot. Three Independent Directors — Mr. Devakinandan Sharma, Mr. Mayank Khetan, and Mrs. Amrita Khetan — resigned with immediate effect on the same day. The company appointed M/S. Bhavesh D Shah & Co. as internal auditor for FY 2025-26 and Mrs. Rupal Patel as secretarial auditor for a five-year term starting FY 2025-26.
The simultaneous exit of all three independent directors raises governance concerns and may worry shareholders, as it temporarily leaves the board without the required number of independent directors. The proposed name change and shift in registered office indicate a strategic repositioning, but shareholders should watch the postal ballot outcome closely for direction.