SMT Engineering has successfully shifted its registered office from West Bengal to Madhya Pradesh, marking a significant corporate move. The Ministry of Corporate Affairs has approved this relocation, with the Certificate of Registration issued on November 20, 2025.

Key Details of the Relocation

Corporate Actions Taken

SMT Engineering has taken several steps to complete this relocation:

1. Special Resolution: The company passed a special resolution to alter its Memorandum of Association regarding the registered office location.

2. Regional Director's Order: An order from the Regional Director, dated October 16, 2025, confirmed the alteration.

3. BSE Notification: The company has informed the Bombay Stock Exchange (BSE) about the jurisdictional change from ROC Kolkata to ROC Gwalior.

4. Certificate of Registration: The Registrar of Companies, Madhya Pradesh, issued the Certificate of Registration of Regional Director order for Change of State on November 20, 2025.

New Registered Office Address

The updated mailing address for SMT Engineering, as per the Registrar of Companies office records, is:

Plot No 23 D Sector A Sanwer Road Industrial Area, Near Parle G Biscuit Factory, Industrial Estate (Indore), Indore, Indore452015, Madhya Pradesh, India

This relocation of SMT Engineering's registered office represents a significant corporate action, potentially impacting its administrative operations and regulatory compliance framework. Shareholders and stakeholders should take note of this change for future communications and regulatory purposes.

SMT Engineering Limited (formerly known as Adarsh Mercantile Limited) has scheduled an Extraordinary General Meeting (EGM) for January 6, 2026, to seek shareholder approval for significant corporate actions including a preferential issue worth Rs 348.75 crore and an increase in authorized share capital.

EGM Details and Timeline

The company has announced that the EGM will be held on Tuesday, January 6, 2026, at 12:30 PM (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The notice for the EGM was dispatched via email on December 12, 2025, to all members whose email IDs are registered with the company, depositories, or the Registrar and Transfer Agent.

Preferential Issue Details

The board has approved the issuance of up to 15,50,000 equity shares at Rs 225.00 per share on a preferential basis to non-promoter public category investors. This move is expected to raise up to Rs 348.75 crore. The preferential issue is subject to shareholder and stock exchange approvals and will be conducted in accordance with SEBI regulations.

Authorized Share Capital Increase

SMT Engineering's board has also approved an increase in the company's authorized share capital from Rs 17.00 crore to Rs 18.10 crore, subject to shareholder approval. This increase will facilitate the issuance of additional equity shares as part of the preferential issue.

Proposed Allottee Details

The preferential issue involves several non-promoter public category investors with detailed allocation as follows:

Fund Utilization and Corporate Purpose

The company plans to utilize the raised funds for growth objectives, including investments in wholly-owned subsidiaries, capital expenditures, and working capital requirements. Up to 25% of the issue proceeds will be allocated for general corporate purposes, providing flexibility for ongoing business operations and strategic initiatives.

Regulatory Compliance and Approvals

The relevant date for price determination under SEBI (ICDR) Regulations has been set as December 5, 2025. The company has obtained necessary certifications from practicing company secretaries confirming compliance with SEBI regulations. M/s. Nikhil Dhanotiya & Associates has been appointed as the scrutinizer for the e-voting process.

These corporate actions represent SMT Engineering's strategic initiative to strengthen its capital base and support long-term growth objectives while maintaining compliance with all regulatory requirements.