GOCL Corporation Limited Relocates Registered Office to Visakhapatnam Effective April 01, 2026

1 min read     Updated on 02 Apr 2026, 06:18 AM
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Radhika SScanX News Team
AI Summary

GOCL Corporation Limited has relocated its registered office to Plot No. 63-66, AIE Industrial Park, Pedagantyada, Gajuwaka, Visakhapatnam - 530044, Andhra Pradesh, effective April 01, 2026. The Board of Directors approved this move following previous communications in October, November, and December 2025. The company is filing necessary regulatory forms with the Registrar of Companies and will submit altered documentation upon receiving the revised certificate.

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GOCL Corporation Limited has officially announced the relocation of its registered office to Visakhapatnam, Andhra Pradesh, marking a significant administrative development for the company. The move, approved by the Board of Directors, takes effect from April 01, 2026.

New Registered Office Details

The company's new registered office address and key details are outlined below:

Parameter: Details
New Address: Plot No. 63-66, AIE Industrial Park, Pedagantyada, Gajuwaka
City: Visakhapatnam - 530044
State: Andhra Pradesh
Effective Date: April 01, 2026

Regulatory Compliance Process

GOCL Corporation Limited is currently undertaking the necessary regulatory procedures to formalize this office relocation. The company has indicated that it is in the process of filing required forms with the Registrar of Companies under the Ministry of Corporate Affairs.

As part of the compliance process, the company will submit a copy of the altered Memorandum of Association upon receipt of the revised Certificate from the Registrar of Companies. This ensures all legal documentation reflects the new registered office address.

Previous Communications

This announcement represents the culmination of a series of communications regarding the office relocation. The company had previously issued letters on the following dates:

  • October 6, 2025
  • November 14, 2025
  • December 31, 2025

These communications indicate that the relocation process has been planned and executed systematically over several months.

Stock Exchange Notification

The company has formally notified both major Indian stock exchanges about this corporate development. The notification was sent to BSE Limited and National Stock Exchange of India Limited through their respective electronic platforms - BSE Listing Centre and NEAPS.

This registered office shift to Visakhapatnam represents an important administrative milestone for GOCL Corporation Limited as it establishes its primary corporate address in Andhra Pradesh's major industrial hub.

Historical Stock Returns for GOCL Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.86%-4.49%+7.17%-25.00%-5.07%+20.79%

What strategic business advantages does GOCL expect to gain by relocating to Visakhapatnam's industrial hub?

Will this relocation lead to operational consolidation or expansion of GOCL's manufacturing facilities in Andhra Pradesh?

How might this move impact GOCL's supply chain logistics and proximity to key customers or raw material sources?

GOCL Corporation Board Approves Ecopolis Land Sale for ₹2,261 Crore

1 min read     Updated on 24 Mar 2026, 05:41 AM
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AI Summary

GOCL Corporation has received Board approval for the early monetization of its 38-acre Ecopolis land in Yelahanka, Bengaluru, for ₹2,261 crore. The company will receive approximately ₹815 crore from this strategic asset divestment under a joint development agreement with Hinduja Realty Ventures Limited.

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GOCL Corporation has received Board approval for the early monetization of its prime real estate asset in Bengaluru, marking a significant strategic move for the company. The Board of Directors has formally approved the sale of the company's valuable land holdings under a joint development agreement.

Official Board Approval

The Board of Directors has approved the early monetization of the Company's land situated at Yelahanka, Bengaluru, known as the 'Ecopolis' project. The transaction involves the sale of the entire land and buildings to one of the country's top industrial houses, representing a major asset divestment initiative.

Parameter: Details
Property Size: 38 acres (approx.)
Property Name: Ecopolis
Location: Yelahanka, Bengaluru
Sale Value: ₹2,261 crore (approx.)
GOCL's Consideration: ₹815 crore (approx.)
Transaction Structure: Sale in tranches
Expected Completion: 6 months (extendable)

Joint Development Structure

The Ecopolis project comprises approximately 38 acres of land under a joint development agreement (JDA) with Hinduja Realty Ventures Limited (HRVL). The project is currently in the process of getting de-notified from the SEZ purview. HRVL has developed the entire infrastructure and managed the project, incurring substantial time and effort including obtaining SEZ approvals, construction of buildings, and approval for denotification from SEZ purview.

Financial Impact and Consideration Split

The total consideration for the land and buildings will be ₹2,261 crore, with the sale transaction to be completed in tranches. GOCL Corporation will be entitled to a consideration of approximately ₹815 crore upon completion of the proposed sale transaction. The consideration is being apportioned between HRVL and GOCL, acknowledging HRVL's substantial investment in infrastructure development and regulatory approvals.

Regulatory Disclosure

The company has made the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing an update on the monetization of land at Yelahanka, Bengaluru. The transaction is expected to be completed in approximately 6 months, with the timeline extendable by mutual consent between the parties involved.

Historical Stock Returns for GOCL Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.86%-4.49%+7.17%-25.00%-5.07%+20.79%

How will GOCL Corporation deploy the ₹815 crore proceeds from this asset sale across its core business operations or new investments?

What impact could the SEZ de-notification process timeline have on the transaction completion and GOCL's financial projections for the next fiscal year?

Will this asset monetization strategy prompt GOCL to evaluate similar real estate divestments from its portfolio in other locations?

More News on GOCL Corporation

1 Year Returns:-5.07%