StockWatch
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Household Products
Business Update7 Aug 2026, 05:01 pm

Panasonic Energy India to Shift Registered Office to Madhya Pradesh

AI Summary

Panasonic Energy India Company Ltd announced its Board of Directors has approved the proposal to shift the company's registered office from Gujarat to Madhya Pradesh. This move, subject to shareholder and regulatory approvals, aligns the registered office with the company's principal place of operations in Pithampur, Dhar district, Madhya Pradesh, where manufacturing and business activities have been based since 2022. The shift aims to enhance administrative and operational efficiency. The company will also alter Clause II of its Memorandum of Association to reflect this change. The existing registered office is in Vadodara, Gujarat, and the proposed new office is in Pithampur, Madhya Pradesh.

Key Highlights

  • Board approved shifting registered office from Gujarat to Madhya Pradesh.
  • Move aligns registered office with operational base in Pithampur.
  • Aims to improve administrative and operational efficiency.
  • Requires shareholder and regulatory approvals.
  • Consequential alteration of Memorandum of Association clause.