Crystal Business System approves shift of registered office in Delhi

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Board approved shifting registered office from Paharganj to Civil Lines, Delhi
  • Move requires approval from shareholders and Regional Director
  • Jurisdiction changes from ROC-I to ROC-II within Delhi state
  • Further Addendum issued for 32nd AGM notice with Special Resolution
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Crystal Business System has approved the shifting of its registered office within Delhi, subject to regulatory and shareholder approvals.

The Board of Directors approved the proposal at its meeting held on September 21, 2026. The company plans to move its registered office from Rani Jhansi Road, Paharganj, to Bela Road, Civil Lines, both located in New Delhi.

Regulatory Approvals Required

The shift involves moving the jurisdiction from the Registrar of Companies - I to the Registrar of Companies - II. The company stated that the proposal is subject to:

  • Approval of the members of the company
  • Approval of the Regional Director
  • Other approvals required under the Companies Act, 2013

AGM Notice Addendum

The Board also approved issuing a Further Addendum to the Notice of the 32nd Annual General Meeting. This addendum will include the Special Resolution regarding the office shift, along with the Explanatory Statement as per Section 102 of the Companies Act, 2013.

The company will circulate the addendum to its members and submit it to the stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Crystal Business System

1 Day5 Days1 Month6 Months1 Year5 Years
+4.59%+3.02%+4.06%+27.33%-10.09%0.0%

How might the change in jurisdiction from ROC-I to ROC-II impact Crystal Business System's compliance timelines and administrative overhead?

What are the potential implications for shareholders regarding the voting process for the Special Resolution at the upcoming AGM?

Could this relocation signal broader strategic operational changes or cost-optimization efforts within the company?

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Crystal Business System issues AGM addendum for director regularization

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Crystal Business System issued an addendum to its AGM notice on September 11, 2026
  • The addendum includes the regularization of Mr. Ankit Kakran as a Non-Executive Director
  • Mr. Kakran was initially appointed as an Additional Director on August 10, 2026
  • His five-year term will commence upon member approval at the AGM on September 28, 2026
  • The board previously approved the FY26 Board Report and fixed book closure dates
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Crystal Business System issued a further addendum to its Annual General Meeting (AGM) notice on September 11, 2026, adding a special business item for the regularization of Mr. Ankit Kakran as a Non-Executive & Non-Independent Director.

The company’s Board of Directors approved this addition during a meeting held on September 11, 2026. The addendum supplements the original AGM notice issued on September 3, 2026, which had already scheduled the 32nd AGM for September 28, 2026.

Key Decisions

The board took several administrative and governance actions during its sessions in early September:

  • Approved the Board Report for FY26.
  • Approved the Notice of the 32nd Annual General Meeting, scheduled for September 28, 2026.
  • Appointed Mr. Vivek Kumar, Proprietor of V Kumar & Associates, as the scrutinizer for the AGM.
  • Fixed the book closure period from September 19, 2026, to September 27, 2026 (both days inclusive).
  • Regularized Mr. Ankit Kakran (DIN: 10177754) as a Non-Executive & Non-Independent Director via an addendum. His term is set for five consecutive years, commencing from September 28, 2026, and ending on September 27, 2031, subject to member approval.

Governance Updates

The regularization of Mr. Kakran marks a key governance update for the company. He was initially appointed as an Additional Director on August 10, 2026, under Section 161 of the Companies Act, 2013. The addendum seeks member approval to regularize his appointment for a five-year term.

The board noted that Mr. Kakran holds over 12 years of professional experience in finance and marketing. The company has received all statutory disclosures, including consent in Form DIR-2 and intimation in Form DIR-8, confirming he is not disqualified under Section 164 of the Act.

The company has designated Vivek Kumar as the scrutinizer to oversee the voting process for the AGM. The meeting will be held through Video Conferencing (VC) or other audio-visual means (OAVM).

What the Numbers Show

As this filing relates to corporate governance and meeting logistics rather than financial performance, no financial metrics such as revenue or profit were disclosed. The focus remains on procedural compliance with SEBI Listing Regulations.

Historical Stock Returns for Crystal Business System

1 Day5 Days1 Month6 Months1 Year5 Years
+4.59%+3.02%+4.06%+27.33%-10.09%0.0%

How might the regularization of Mr. Ankit Kakran influence Crystal Business System's strategic direction in finance and marketing over his five-year term?

What specific governance reforms or operational changes can investors expect from the Board following the approval of the FY26 Board Report?

Could the appointment of Mr. Kakran signal a shift in the company's leadership structure or potential succession planning for executive roles?

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