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.

Shivamshree Businesses Limited successfully concluded its 43rd Annual General Meeting on July 7, 2026, adopting the audited standalone financial statements for the financial year ended March 31, 2026. The meeting, conducted via Video Conferencing and Other Audio-Visual Means, also approved the re-appointment of Managing Director Mr. Prafulbhai Parshottambhai Bavishiya as Director. These decisions were taken through remote e-voting and during the meeting, ensuring compliance with the Companies Act, 2013, and SEBI regulations.

The meeting was chaired by Mr. Prafulbhai Parshottambhai Bavishiya, who was unanimously elected to the role. As the Chairman had an interest in one of the agenda items, Mr. Ghanshyambhai Gajera, CFO, facilitated the proceedings. The statutory quorum was confirmed present through the video conferencing platform before the meeting commenced at 11:30 A.M. IST and concluded at 11:50 A.M. IST.

E-voting Details

In compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations, the company provided remote e-voting facilities. The remote e-voting period was open from July 4, 2026, at 09:00 A.M. IST to July 6, 2026, at 05:00 P.M. IST. Additionally, e-voting remained available during the AGM and for 15 minutes post-conclusion for members who had not cast their votes.

Resolutions Passed

The members considered and approved two key items of business during the meeting. The resolutions were passed via the e-voting system.

The detailed voting results and the Consolidated Scrutinizer's Report will be submitted separately to the exchanges within the stipulated timelines. The Chairman expressed gratitude to the members for their continued trust and formally declared the meeting closed.