Editor’s Note
This article details the overwhelming shareholder approval for Sapphire Foods India’s relocation of its registered office, a significant corporate move. The result, with near-unanimous support, underscores strong investor confidence in the company’s strategic direction.
Sapphire Foods India Limited successfully completed its postal ballot for relocating the registered office from Maharashtra to Haryana, receiving 99.999% shareholder approval. Out of 53,998 total shareholders, 329 members participated in e-voting, casting 27,41,72,443 votes with overwhelming support across all categories. The special resolution was deemed passed on 8th February 2026, marking a significant corporate milestone.
Sapphire Foods India Limited has announced the successful completion of its postal ballot process for shifting the company’s registered office from the State of Maharashtra to the State of Haryana. The special resolution received overwhelming support from shareholders, demonstrating strong confidence in the company’s strategic decision.
The postal ballot process concluded on 8th February 2026, with shareholders delivering a decisive mandate in favor of the proposed office relocation. The company reported comprehensive participation across different shareholder categories through the electronic voting mechanism.
The voting results demonstrated strong support across all shareholder categories, with particularly robust backing from institutional investors and promoter groups.
The special resolution specifically addressed the shifting of the company’s registered office from Maharashtra to Haryana, along with consequential amendments to Clause II of the Memorandum of Association. The proposal required approval through a special resolution mechanism due to its significance for the company’s corporate structure.
Key aspects of the approved resolution include:
– Complete relocation of registered office from Maharashtra to Haryana
– Amendment of the Memorandum of Association
– Compliance with regulatory requirements for interstate office transfers
Alwyn D’Souza of Alwyn D’Souza & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer confirmed that the voting process was conducted in full compliance with the Companies Act, 2013, and SEBI Listing Regulations.
The postal ballot was conducted in accordance with Section 110 read with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The company utilized electronic voting exclusively, with MUFG Intime India Private Limited providing the e-voting platform. The resolution became effective on 8th February 2026, completing the regulatory approval process for the office relocation.