
Satani Bearings Ltd: Board Approves AGM, Auditor Appointment, Office Shift
Satani Bearings Ltd announced that its Board of Directors, in a meeting held on September 7, 2026, approved several key business items. These include the notice for the 41st Annual General Meeting (AGM), scheduled for September 29, 2026, to be held via Video Conference/Other Audio Visual Means. The company also appointed M/s. Bhatt Shah Mekhia & Co. as the Statutory Auditor for a five-year term. Additionally, the board approved the proposed shifting of the registered office from Mumbai, Maharashtra, to Rajkot, Gujarat, subject to shareholder approval. Further, the company is considering the acquisition of the business of Satani Industries and Satani Forge & Turn on a slump sale basis, also pending shareholder consent.
Key Highlights
- AGM scheduled for September 29, 2026, via VC/OAVM.
- M/s. Bhatt Shah Mekhia & Co. appointed as Statutory Auditor.
- Registered office to shift from Maharashtra to Gujarat.
- Acquisition of Satani Industries and Satani Forge & Turn approved.
- All key decisions are subject to shareholder approval.
Price Impact
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