Swiss Military Consumer Goods Limited has initiated a postal ballot process to seek shareholder approval for relocating its registered office from Delhi to Haryana. The company's Board of Directors approved this strategic move on February 13, 2026, aiming to enhance administrative efficiency and operational control.

Corporate Restructuring Initiative

The proposed relocation involves shifting the company's registered office from its current location at W-39, Okhla Industrial Area, Phase-II, New Delhi – 110020 to the State of Haryana. The Board believes this move will enable better administrative and economic control while streamlining operations and management affairs.

Postal Ballot Process Details

The company has structured the approval process through remote e-voting exclusively, in compliance with regulatory requirements. Shareholders will participate in the voting process through the National Securities Depository Limited (NSDL) platform.

Regulatory Framework and Approvals

The relocation requires compliance with multiple regulatory provisions under the Companies Act, 2013. The resolution falls under Sections 12, 13, and 110 of the Act, necessitating both shareholder approval through special resolution and subsequent approval from the Central Government.

Mrs. Anchal Mittal, Company Secretary in Whole-time Practice (CP No. 7825) and Proprietor of M/s AM & Associates, has been appointed as the scrutinizer for conducting the postal ballot process. The scrutinizer will ensure fair and transparent voting procedures throughout the process.

Shareholder Participation Guidelines

The company has implemented comprehensive guidelines for shareholder participation in the e-voting process. Only shareholders whose names appear in the Register of Members or Register of Beneficial Owners as of the cut-off date will be eligible to vote.

Key participation requirements include:

• Registered email addresses with the company or depositories
• Valid demat account details for electronic shareholders
• Proper KYC documentation for physical shareholders
• Updated mobile numbers and email IDs with depository participants

Strategic Rationale

The Board of Directors emphasized that the proposed relocation serves the best interests of the company, shareholders, and all stakeholders. The management believes the move will not adversely impact public, shareholder, creditor, or employee interests.

The resolution, if approved by the requisite majority, will be deemed passed on April 12, 2026 at 05:00 P.M. (IST). The company will subsequently file necessary applications with regulatory authorities to complete the relocation process.

Swiss Military Consumer Goods Limited has successfully completed the allotment of equity shares to its employees under the company's Employee Stock Option Plan 2023. The Board of Directors approved this strategic move during their meeting held on February 13, 2026, demonstrating the company's commitment to employee participation in its growth story.

ESOP Allotment Details

The company has allotted a total of 2,25,500 equity shares to eligible employees under the Swiss Military Consumer Goods Ltd.- Employee Stock Option Plan 2023. The allotment was executed at favorable terms for the employees.

Impact on Share Capital

The ESOP exercise has resulted in a meaningful increase in the company's equity base. The allotment has expanded both the total share count and the paid-up capital of Swiss Military Consumer Goods Limited.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015. The intimation was formally communicated to BSE Limited, where the company's shares are listed under scrip code 523558.

This ESOP allotment reflects the company's strategy to align employee interests with shareholder value creation while providing employees with an opportunity to participate in the company's long-term growth prospects. The exercise price of Rs. 12.50 per share represents the predetermined rate at which eligible employees could convert their stock options into equity shares.