Sellwin Traders shareholders approve shift of registered office to Gujarat
Sellwin Traders Limited secured shareholder approval to shift its registered office from West Bengal to Gujarat through a postal ballot that concluded on July 16, 2026. The special resolution received 99.99% approval, with 53.99 million votes cast in favour, primarily by public non-institutional shareholders. The scrutinizer's report confirmed the passing of the resolution, which requires an amendment to the company's Memorandum of Association.
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Sellwin Traders Limited shareholders have approved the relocation of the company's registered office from West Bengal to Gujarat. The special resolution was passed through a postal ballot process, with the voting concluding on July 16, 2026. This decision mandates a consequential amendment to Clause II of the Memorandum of Association of the Company.
The postal ballot notice was issued on June 12, 2026, under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ankur Dineshchandra Gandhi of Ankur Gandhi & Associates was appointed as the scrutinizer to oversee the voting process. The e-voting facility was provided by Central Depository Service (India) Limited (CDSL), with the voting window open from June 17, 2026, to July 16, 2026.
Voting Results
A total of 53,991,994 votes were polled, representing approximately 23% of the total outstanding shares. The resolution secured overwhelming support from public shareholders, with 99.99% of votes cast in favour.
| Category | Votes in Favour | Votes Against | Total Votes Polled | % of Favour Votes |
|---|---|---|---|---|
| Public - Non Institutions | 53,986,118 | 5,876 | 53,991,994 | 99.99 |
| Total | 53,986,118 | 5,876 | 53,991,994 | 99.99 |
The scrutinizer's report confirmed that the resolution was passed with the requisite majority on July 16, 2026. Promoters and promoter group held no shares and did not participate in the voting. The company has communicated the outcome to BSE Limited, where its equity shares (Scrip Code: 538875) are listed.
What strategic advantages does Sellwin Traders expect to gain by relocating its registered office to Gujarat?
How will the relocation impact the company's operational costs and tax liabilities?
Will the shift to Gujarat lead to changes in the company's workforce or management structure?
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