Change in Registered Office of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shyamkamal Investments' board approved multiple items on February 11, 2026. Ms. Aesha Harsh Shah (DIN: 10423365), a Company Secretary with expertise in corporate governance, was appointed as an Additional Non-Executive Independent Director, and is not related to any existing director. The company is shifting its registered office from Borivali West, Mumbai (Maharashtra) to Navarangpura, Ahmedabad (Gujarat), pending shareholder approval. For Q3 FY26 (Oct-Dec 2025), the company swung to a profit of ₹52.31 lakhs from a loss of ₹37.13 lakhs a year ago; 9M FY26 profit stood at ₹72.08 lakhs versus a ₹52.48 lakh loss previously. The auditor flagged concerns: no audit trail maintained, ₹75.07 lakhs outstanding from a joint venture investment not independently verifiable, and HDFC/Canara bank balances could not be confirmed. The board also confirmed no deviation in use of ₹12.92 crore raised via preferential issue on December 12, 2025, intended for working capital and business expansion.
The turnaround to profitability and shift to Gujarat (aligning with the corporate office) are mild positives, but auditor red flags around unverifiable receivables, missing audit trail, and unconfirmed bank balances raise governance and asset-quality concerns. Shareholders should watch for the EGM outcome on the office shift and clarity on the ₹75 lakh outstanding.