Shivamshree Businesses Limited appointed Kavita Kothari as its whole-time Company Secretary and Compliance Officer effective September 29, 2026. The appointment was approved by the Board of Directors to ensure compliance with statutory regulations.

Appointment details

The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Kothari is an Associate Member of the Institute of Company Secretaries of India (ICSI), holding Membership Number ACS-59858. She was admitted as an Associate Member with effect from September 25, 2019.

This appointment complies with Section 203 of the Companies Act, 2013, read with Rule 8 and Rule 8A of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, she has been designated as the Compliance Officer under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key personnel profile

The term of appointment is on a full-time basis, with terms and conditions of employment and remuneration as recommended by the Nomination and Remuneration Committee and mutually agreed upon between the company and Kothari. The disclosure confirms that Kothari is not related to any Director, Promoter, or other Key Managerial Personnel of the company.

Board meeting proceedings

The Board Meeting commenced at 4:00 pm and concluded at 4:35 pm. Managing Director Prafulbhai Parshottambhai Bavishiya was authorized to finalize the letter of appointment, sign statutory forms including E-Form DIR-12 and E-Form MGT-14 with the Registrar of Companies, Delhi, and submit necessary corporate intimations to BSE Limited.

Shivamshree Businesses Limited shareholders have approved a special resolution to shift the company’s registered office from Delhi to Gujarat. The move requires altering Clause II of the Memorandum of Association.

The voting process concluded on September 10, 2026, with results declared on September 11, 2026. The resolution was passed through a postal ballot conducted via remote e-voting, supervised by independent scrutinizer Ishit Vyas.

Voting Results

The resolution received overwhelming support from public non-institutional shareholders. Promoters and public institutions did not cast votes in this ballot.

Only 3,667 votes were cast against the resolution, representing less than 0.01% of the total polled votes. No invalid votes were recorded across any category.

Operational Details

The registered office will move from its current location in Lajpat Nagar, New Delhi, to the corporate office in Satellite, Ahmedabad. This change is subject to final approval from the Regional Director (Northern Region, New Delhi) and the Registrar of Companies, Ahmedabad.

The cut-off date for identifying eligible members was August 7, 2026. A total of 3,777 shareholders were on record as of that date. The remote e-voting facility remained open from August 12, 2026, to September 10, 2026.