Sapphire Foods India Limited has successfully obtained regulatory approval to relocate its registered office from Maharashtra to Haryana, marking a significant corporate milestone for the food services company.

Regulatory Approval Secured

The Hon'ble Regional Director (Western Region Directorate I) granted approval for the proposed office relocation through an order dated 21st April 2026. This approval represents the culmination of a regulatory process that began earlier in the year when the company first announced its relocation plans.

Timeline and Process

The office relocation process began with the company's initial intimation to stock exchanges on 1st January 2026. At that time, Sapphire Foods had informed the National Stock Exchange of India Limited and BSE Limited about the proposed shifting of its registered office, noting that the move was subject to requisite approvals.

Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Sachin Dudam signed the regulatory filing, ensuring proper documentation of this corporate development.

Corporate Significance

The successful completion of the registered office relocation process demonstrates the company's ability to navigate regulatory requirements for interstate corporate relocations. The move from Maharashtra to Haryana has now received all necessary regulatory clearances, allowing the company to proceed with the office shift as planned.

Sapphire Foods India Limited has successfully completed a postal ballot process for the appointment of Mr. Kushal Agarwal as Non-Executive Nominee Director. The resolution was passed with overwhelming shareholder support on 26th March 2026, marking a significant corporate governance milestone for the restaurant chain operator.

Postal Ballot Results

The ordinary resolution for Mr. Kushal Agarwal's appointment (DIN: 11528795) as Non-Executive Nominee Director received strong endorsement from shareholders. The voting results demonstrate clear confidence in the proposed appointment across all shareholder categories.

Shareholder Participation by Category

The e-voting process witnessed significant participation across different shareholder categories. Promoter and promoter group showed complete participation, while institutional and retail investors also demonstrated strong engagement.

E-Voting Process Details

The postal ballot was conducted in compliance with Section 110 read with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The company engaged MUFG Intime India Private Limited as the authorized agency to provide remote e-voting facilities.

Key Process Parameters:

• Record Date: 6th February 2026
• Notice Date: 6th February 2026
• E-voting Period: 25th February 2026 (9:00 AM) to 26th March 2026 (5:00 PM)
• Total Shareholders: 57,596 as on record date
• Scrutinizer: Alwyn D'Souza of Alwyn D'Souza & Co., Company Secretaries

Scrutinizer Report Findings

The scrutinizer's comprehensive report confirmed full regulatory compliance throughout the voting process. A total of 303 members voted in favour of the resolution while 34 members voted against, with 3 invalid votes recorded.

Regulatory Compliance

The postal ballot process was conducted entirely through electronic voting in accordance with MCA circulars and SEBI regulations. The company published advertisements in 'Business Standard' (English) and 'Navshakti' (Marathi) newspapers on 25th February 2026, informing shareholders about the dispatch of postal ballot notices.

The scrutinizer's report confirmed that the voting process was conducted in full compliance with applicable regulations, and all procedural requirements were met. The resolution is deemed to have been passed effectively on 26th March 2026, being the last date for remote e-voting as specified in the notice.