Lloyds Engineering Works Limited has announced the approval for the registered office shift of its wholly owned subsidiary, Techno Industries Private Limited. The move transfers the subsidiary’s registered office from the State of Gujarat (Ahmedabad) to the State of Maharashtra (Mumbai). This relocation, effective upon regulatory certification, is intended to enhance the subsidiary’s operational convenience and efficiency. The shift has no direct impact on the listed parent entity.
Confirmation of Subsidiary Relocation
Lloyds Engineering Works Limited has officially disclosed the receipt of the necessary order approving the relocation of its subsidiary’s registered office. The order was passed by the Regional Director, Ahmedabad, Ministry of Corporate Affairs, confirming the move for Techno Industries Private Limited.
Details of the Registered Office Shift
The existing registered office of the subsidiary was located at 5002, Phase IV, GIDC Vatva, Ahmedabad, Gujarat. Following the approval, the new registered office will be situated in Mumbai, Maharashtra, specifically at Madhu Industrial Estate, Pandurang Budhkar Marg, Lower Parel. The official order sanctioning this change was dated February 27, 2026.
Rationale and Impact Assessment
The primary reason cited for the relocation is the desire to carry on the subsidiary’s business more economically, efficiently, and with better operational convenience by moving operations from Ahmedabad to Mumbai. It is explicitly noted that this corporate restructuring pertains only to the wholly owned subsidiary and will not impact the listed entity, Lloyds Engineering Works Limited, in terms of jurisdiction or ongoing legal proceedings.
Effective Date of Change
The shifting of the Registered Office will officially become effective only upon the filing of the certified copy of the order with the Registrar of Companies in both States and the subsequent issuance of a fresh Certificate of Incorporation by the Registrar of Companies.
Source: BSE