Beryl Securities Limited (BSE: 531582) has announced a significant expansion of its operations with the approval of a new corporate office branch in Noida, Uttar Pradesh. The decision, made during a board meeting held on August 7, 2025, marks a strategic move to enhance the company's presence in one of India's key business hubs.

New Office Details

The new corporate office will be located at:

1116, 11th Floor Tower Astralis Supertech Supernova Sector 94, Noida Uttar Pradesh 201301

This branch will serve as an additional location for maintaining books of accounts and other statutory records, complementing the company's registered office in Indore, Madhya Pradesh.

Strategic Expansion

Managing Director Vineet Bajpai, who signed the disclosure documents, cited business expansion as the primary objective for opening this branch office. This move aligns with the company's growth strategy and potentially positions Beryl Securities to better serve clients in the National Capital Region (NCR).

Regulatory Compliance

The company has taken necessary steps to ensure compliance with regulatory requirements:

• The decision was made in accordance with Section 128 of the Companies Act, 2013, which allows companies to keep books of accounts at places other than the registered office.
• The board has authorized the directors to complete all necessary filings with statutory and regulatory bodies regarding this new office.

Board Meeting Highlights

In addition to approving the new corporate office, the board meeting on August 7, 2025, addressed several other important matters:

1. Approval of unaudited financial results for the quarter ended June 30, 2025
2. Review of the Limited Review Report by auditors
3. Updates to RBI-related policies
4. Changes in the remuneration of the Chief Financial Officer (CFO)
5. Review of resolutions passed at finance committee meetings

Financial Oversight

Subhash Chand Jain Anurag & Associates, Chartered Accountants, conducted an independent review of the company's unaudited financial results for the quarter ended June 30, 2025. The review found no material misstatements and confirmed compliance with relevant accounting standards and SEBI regulations.

The expansion into Noida represents a significant step for Beryl Securities Limited, potentially enhancing its operational capabilities and market presence in northern India. As the company continues to grow, investors and stakeholders will be watching closely to see how this new office contributes to its overall business strategy and financial performance.

Beryl Securities Limited (BSE: 531582) held a pivotal board meeting on August 7, marking significant developments for the company. The meeting, which took place at the company's registered office in Indore, addressed several key areas of business operations and financial reporting.

Financial Results Approval

The board of directors approved the unaudited financial results for the quarter ended June 30. While specific financial figures were not disclosed in the available information, the approval of these results indicates the company's commitment to timely financial reporting and transparency.

Auditor's Review

Subhash Chand Jain Anurag & Associates, the company's chartered accountants, provided a limited review report for the quarterly financial results. The auditors stated that based on their review, nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and SEBI regulations.

Corporate Expansion

In a move signaling growth, the board approved the opening of a new corporate office in Noida. This expansion suggests Beryl Securities is positioning itself for increased operational capacity and potentially tapping into new markets.

Policy Updates and Operational Changes

Several other important decisions were made during the meeting:

1. The board approved updates to RBI-related policies, ensuring alignment with current regulatory requirements.
2. Changes to the CFO's remuneration were approved, though specific details were not provided.
3. The company received approval to maintain books of accounts at locations other than the registered office, potentially streamlining its accounting processes.
4. The board took note of resolutions passed at finance committee meetings, indicating active engagement in financial oversight.

Regulatory Compliance

The company's filing of these decisions with the Bombay Stock Exchange demonstrates its adherence to regulatory disclosure requirements. The meeting's outcomes were reported in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Beryl Securities Limited, with its registered office at 133, Kanchan Bagh, Indore, continues to evolve its business strategies and corporate governance practices. The recent board meeting reflects the company's focus on financial transparency, operational expansion, and regulatory compliance in the dynamic financial services sector.

Investors and stakeholders will likely look forward to more detailed financial disclosures in the coming days to gauge the company's performance in the quarter ended June 30.