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Sofcom Systems Ltd has informed BSE that shareholders, via postal ballot on June 10, 2025, approved shifting the company's registered office from Jaipur, Rajasthan to Surat, Gujarat, effective April 15, 2025. The registered office will now be at Block No. 501, Takshshila Apartment, Majuragate, Surat, Gujarat – 395001. As a result, the company also needs to alter its Memorandum of Association to reflect the new state. This change is still subject to approval from the Registrar of Companies, Regional Director (Central Government), and other authorities. The company had first announced its intent to shift the office on April 15, 2025, and this postal ballot formalises shareholder consent.
This is a routine corporate administrative move with no direct impact on financials or business operations. Shareholders should note that the company is changing its state of incorporation from Rajasthan to Gujarat, which may affect future regulatory jurisdiction and compliance costs, but is unlikely to materially affect the stock price.