Amarnath Securities Appoints New Directors and Relocates Corporate Office

Amarnath Securities Limited , a publicly traded company, has announced significant changes to its board composition and corporate office location. These developments, set to take effect on December 02, 2025, mark important shifts in the company's leadership and operational structure.

Board Appointments

The company has made two key appointments to its board of directors:

Position	Appointee	Term	Effective Date
Whole-time Director	Rajendrabhai Ramanbhai Patel	5 years	December 02, 2025
Non-Executive Independent Director	Kaustubh Pramod Joshi	5 years	December 02, 2025

Both appointments are subject to shareholder approval, which will be sought either at a General Meeting or through a Postal Ballot.

Corporate Office Relocation

In addition to the board changes, Amarnath Securities has also announced the relocation of its corporate office:

From	To
814-Hubtown Viva, Shankarwadi, Western Express Highway, Near Mogra Metro Station, Jogeshwari (East), Mumbai-400060	Office A9, ground floor, Ellora park, near Damani Zapa, Killa Pardi, Pardi, Valsad-396125 Gujarat

This move represents a significant shift from Mumbai to a more regional location in Gujarat.

Implications and Outlook

These changes in leadership and location could signal a new strategic direction for Amarnath Securities Limited. The appointment of new directors may bring fresh perspectives and expertise to the company's governance, while the relocation of the corporate office might indicate a focus on cost optimization or a shift in operational priorities.

Shareholders and market observers will likely be keen to see how these changes impact the company's performance and strategic decisions in the coming years. The effectiveness of these moves will be determined by the company's future financial results and market performance.

It's important to note that these changes are scheduled for the future, and their impact will only be observable after their implementation in December 2025. Investors and stakeholders should continue to monitor the company's announcements and performance metrics for a comprehensive understanding of these developments' long-term implications.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+7.41%	+5.91%	-9.78%	-6.88%	-52.20%	-32.33%

Amarnath Securities Limited (ISIN: INE745P01010) has received approval from the Bombay Stock Exchange (BSE) for the reclassification of Dr. Omkar Herlekar from the 'Promoter' category to the 'Public' category. This reclassification comes under Regulation 31A of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Application and Approval Timeline

The company had initially submitted the application for reclassification on February 27, 2025. After due consideration, BSE approved the case through a letter dated September 22, 2025. This approval marks a significant change in the company's shareholding structure.

Official Communication

The approval was officially communicated to BSE's Listing Compliance Monitoring Cell by Mitti Mitesh Jain, the Company Secretary & Compliance Officer of Amarnath Securities Limited. The disclosure was made in compliance with regulatory requirements, ensuring transparency in the reclassification process.

Implications of Reclassification

This reclassification of Dr. Omkar Herlekar from the 'Promoter' category to the 'Public' category could have several implications for the company and its shareholders:

Change in Shareholding Pattern: The move will alter the company's promoter shareholding, potentially affecting the overall shareholding structure.
Regulatory Compliance: The reclassification adheres to SEBI's regulations, demonstrating the company's commitment to regulatory compliance.
Market Perception: Such changes can influence how the market perceives the company's ownership and control structure.

Investors and market watchers will likely keep a close eye on any further developments or changes in the company's shareholding pattern following this reclassification.

Amarnath Securities Limited, with its registered office in Ahmedabad and corporate office in Mumbai, continues to navigate the regulatory landscape while keeping its shareholders informed of significant changes in its structure.