Swojas Foods Limited Receives Request for Promoter Reclassification Under SEBI Regulation 31A

1 min read     Updated on 24 Jan 2026, 11:57 AM
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Shriram SScanX News Team
Overview

Swojas Foods Limited received a reclassification request from Mrs. Jyoti Khandelwal to move from "Promoter and Promoter Group" to "Public" category under SEBI Regulation 31A. She currently holds NIL shareholding and submitted the request on 24th January, 2026. The company will consider the request through its Board of Directors, subject to stock exchange approval as per regulatory requirements.

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Swojas Foods Limited has received a formal request for promoter reclassification under SEBI regulations. Mrs. Jyoti Khandelwal, currently classified under the "Promoter and Promoter Group" category, has requested reclassification to the "Public" category as per Regulation 31A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Request Details and Current Status

The company received the reclassification request on 24th January, 2026 via email from Mrs. Jyoti Khandelwal. According to the company's disclosure to BSE, she currently holds NIL shareholding in Swojas Foods Limited.

Parameter: Details
Requester: Mrs. Jyoti Khandelwal
Current Category: Promoter and Promoter Group
Requested Category: Public
Current Shareholding: NIL
Request Date: 24th January, 2026
PAN: ATBPG0185A

Regulatory Compliance and Undertakings

Mrs. Khandelwal has provided comprehensive undertakings as required under SEBI regulations. Her application confirms that she meets the key criteria for reclassification:

  • Not part of the Board of Directors and holds no Key Managerial Position
  • Does not participate in company management in any capacity
  • Has no special rights in the company through formal or informal arrangements
  • Does not exercise control over company affairs
  • Is not represented on the board of directors

Regulatory Framework and Process

The reclassification request falls under Regulation 31A of SEBI (LODR) Regulations, 2015, which governs the process for promoter reclassification. Mrs. Khandelwal has committed to comply with specific conditions:

  • Continued compliance with sub-clauses (i), (ii) and (iii) of clause (b) of Regulation 31A(3) at all times
  • Compliance with sub-clauses (iv) and (v) of clause (b) of Regulation 31A(3) for not less than three years from reclassification date
  • Acknowledgment that failure to comply will result in reclassification back to promoter group

Board Consideration and Next Steps

Swojas Foods Limited has informed that the reclassification request will be considered by the Board of Directors. The approval process is subject to stock exchange requirements under Regulation 31A of SEBI (LODR) Regulations, 2015. The company has treated this as a material event disclosure and informed BSE accordingly.

The company will take necessary steps for processing the reclassification in accordance with SEBI (LODR) Regulations, 2015, including obtaining required approvals from stock exchanges where necessary.

Historical Stock Returns for Swojas Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+4.42%+17.51%+11.74%+7.91%-11.59%+120.07%

Swojas Foods Limited Completes Registered Office Relocation from Maharashtra to Gujarat

1 min read     Updated on 22 Jan 2026, 11:34 AM
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Reviewed by
Ashish TScanX News Team
Overview

Swojas Foods Limited has successfully relocated its registered office from Maharashtra to Gujarat, receiving MCA certification on January 21, 2026. The new office is located at Mondeal Heights, Ahmedabad, marking the company's transition from ROC Mumbai to ROC Ahmedabad jurisdiction following proper regulatory approvals.

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Swojas foods Limited has officially completed the relocation of its registered office from Maharashtra to Gujarat, marking a significant milestone in the company's corporate restructuring. The Ministry of Corporate Affairs has approved this interstate office shift, issuing the necessary certification on January 21, 2026.

MCA Approval and Certification Details

The company received the Certificate of Registration of Regional Director order for Change of State on January 21, 2026, following the approval of its special resolution to alter the Memorandum of Association. This certification was issued under Section 13(5) of the Companies Act, 2013, by the Registrar of Companies, ROC Ahmedabad.

Parameter: Details
Certificate Date: January 21, 2026
Regional Director Order Date: January 09, 2026
Issuing Authority: ROC Ahmedabad
Legal Framework: Section 13(5), Companies Act 2013
Jurisdiction Change: ROC Mumbai to ROC Ahmedabad

New Registered Office Location

The company's new registered office is strategically located in Ahmedabad, Gujarat's commercial hub. The complete address details reflect the company's commitment to establishing its presence in the state.

Address Component: Details
Office Location: Block A, Office No. 1004
Building: Mondeal Heights
Area: Nr. Panchratna Party Plot, S. G. Highway
City: Ahmedabad
State: Gujarat
PIN Code: 380051

Corporate Compliance and Communication

Swojas Foods Limited has maintained transparency throughout this relocation process, keeping stakeholders informed through regular communications. The company submitted intimations to BSE on January 9, 2026, and January 10, 2026, prior to receiving the final MCA approval.

The notification was signed by Parthrajsinh Harshadsinh Rana, Managing Director and CFO (DIN: 06422789), demonstrating proper corporate governance protocols. The company continues to operate under CIN: L46201GJ1993PLC172447, with its shares trading on BSE under script code 530217.

Regulatory Framework and Process

This interstate registered office shift required compliance with multiple regulatory requirements under the Companies Act, 2013. The process involved:

  • Approval of special resolution for Memorandum of Association alteration
  • Regional Director's order confirmation
  • Certificate registration with the new jurisdiction's ROC
  • Proper intimation to stock exchanges under SEBI regulations

The successful completion of this relocation demonstrates Swojas Foods Limited's commitment to regulatory compliance while pursuing its strategic corporate objectives in Gujarat.

Historical Stock Returns for Swojas Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+4.42%+17.51%+11.74%+7.91%-11.59%+120.07%

More News on Swojas Foods

1 Year Returns:-11.59%