Shanti Educational Initiatives Limited has issued a formal response to BSE Limited regarding queries about significant trading volume movement in the company's securities across exchanges on December 30, 2025.

Company's Official Response

The education sector company addressed BSE's inquiry through a comprehensive clarification letter, emphasizing its commitment to regulatory compliance and transparency in market disclosures.

Regulatory Compliance Confirmation

The company confirmed its adherence to disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management stated that all events and information have been disclosed in a timely manner pursuant to Regulation 30 of the SEBI LODR Regulations.

Key compliance aspects highlighted in the response include:

• No pending announcements or disclosures requiring reporting
• No material events or information awaiting disclosure
• Commitment to inform exchanges of any future developments in accordance with applicable SEBI regulations

Market-Driven Volume Movement

The company attributed the significant increase in trading volumes to purely market-driven factors, without any underlying corporate developments or material information. This clarification aims to address investor concerns about potential undisclosed events that might have influenced trading activity.

Management Authorization

The response was digitally signed and authorized by Darshan Vayeda, Whole-time Director (DIN: 07788073), on December 30, 2025, at 17:12:38 +05'30', ensuring proper corporate governance protocols were followed in addressing the exchange query.

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.