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) successfully concluded its Extraordinary General Meeting (EGM) on January 6, 2026, with shareholders unanimously approving all proposed resolutions including a preferential issue worth Rs 348.75 crore and an increase in authorized share capital.

EGM Outcomes and Voting Results

The EGM held on Tuesday, January 6, 2026, at 12:30 PM through Video Conferencing achieved significant shareholder participation with 84.98% voter turnout. All resolutions received unanimous approval with 100% votes in favor and zero votes against.

Resolution 1: Authorized Share Capital Increase

Shareholders approved the increase in authorized share capital from Rs 17.00 crore to Rs 18.10 crore. The resolution received overwhelming support across all categories of shareholders.

Resolution 2: Preferential Issue Approval

The special resolution for issuing up to 15,50,000 equity shares at Rs 225.00 per share on a preferential basis to non-promoter public category investors was unanimously approved. This preferential issue will raise up to Rs 348.75 crore for the company.

Scrutinizer Report and Compliance

Nikhil Dhanotiya of Nikhil Dhanotiya & Associates served as the scrutinizer for the e-voting process. The remote e-voting period was conducted from January 3, 2026 (09:00 AM) to January 5, 2026 (05:00 PM), with the record date set as December 30, 2025.

Fund Utilization Strategy

The approved preferential issue proceeds will be utilized for growth objectives including investments in wholly-owned subsidiaries, capital expenditures, and working capital requirements. Up to 25% of the issue proceeds are allocated for general corporate purposes, providing operational flexibility.

Regulatory Framework

The preferential issue was conducted in accordance with SEBI (ICDR) Regulations, with the relevant date for price determination set as December 5, 2025. The company obtained necessary regulatory approvals and compliance certifications from practicing company secretaries.

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