Shanti Educational Initiatives Limited (SEIL) has received shareholder approval to shift its registered office from Gujarat to Haryana. The decision was made through a postal ballot voting process that concluded on November 16, 2025. In a separate development, certain promoter group entities have reduced their stake in the company.

Key Details of the Resolution

The special resolution to approve the shifting of the registered office and alteration of the Memorandum of Association was passed with an overwhelming majority. Here are the key voting results:

Voting Process and Scrutiny

• The e-voting period was from October 18, 2025, to November 16, 2025.
• Jatin Kapadia of K Jatin & Co., Practicing Company Secretaries, was appointed as the scrutinizer for the voting process.
• The total number of shareholders on the record date (October 10, 2025) was 4,331.
• 41 members participated in the voting, representing 99.99% of the total valid votes cast.

Implications and Next Steps

With this approval, Shanti Educational Initiatives Limited plans to amend Clause II of its Memorandum of Association to reflect the new registered office location in Haryana. The company will now seek necessary approvals from the Regional Director, Central Government, and other relevant authorities to implement this change.

This strategic move may have implications for the company's operations and administrative processes. Shareholders and stakeholders should stay tuned for further updates as the company proceeds with the relocation process.

Promoter Group Stake Reduction

In a separate development, certain promoter group entities have reduced their stake in Shanti Educational Initiatives Limited. Chiripal Exim LLP, Ronak Chiripal, Vineeta V Chiripal, and Savitridevi V Chiripal sold shares in the company, reducing their combined holding from 11.64% to 11.27%. The sale involved 5,99,686 equity shares through off-market transactions, with the entities acting in concert as promoter group members.

This reduction in promoter stake may be of interest to investors and market analysts, as it could potentially impact the company's ownership structure and future decision-making processes.

Shanti Educational Initiatives Limited has disclosed a share sale transaction by promoter Brijmohan Chiripal under SEBI Regulation 29(2) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure was filed on December 12, 2025, regarding transactions completed on December 10, 2025.

Transaction Details

Shareholding Changes

The transaction resulted in a marginal reduction in Brijmohan Chiripal's stake in the company. The following table shows the before and after shareholding position:

Company Share Capital

The company's equity share capital remains unchanged at ₹16.10 crores, consisting of 16,10,00,000 equity shares of ₹1 each. The total diluted share capital also stands at the same level, indicating no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. Brijmohan Chiripal, as a promoter of the company, is required to disclose any changes in his shareholding pattern to maintain transparency in the market.

Despite this minor reduction, Brijmohan Chiripal continues to maintain his position as a promoter with a 4.00% stake in Shanti Educational Initiatives Limited. The transaction represents a minimal adjustment in the promoter's holding and does not significantly alter the overall ownership structure of the company.