GLGconnect Logitech and Supply Chain544156AGM

AGM approves secretarial auditor, higher authorised capital, name change and registered office shift

Shareholders at the 04th AGM held on 30th October, 2026 approved four items: appointment of M/s. HD and Associates LLP as Secretarial Auditor for 5 financial years from 2026-27; increase in authorised share capital from INR.

By ScoutQuest · Mon 2 Nov 2026, 9:06 PM IST · 2 min read

Authorised Share Capital Increased To

INR. 10,00,00,000/- (from INR. 4,00,00,000/-)

Secretarial Auditor Term

M/s. HD and Associates LLP for 5 financial years from 2026-27

Name Change / Office Shift

Renamed 'Sheth Eba Global Venture Limited'; registered office shifted from Gujarat to Maharashtra

What was approved

The company reported to BSE that shareholders at the 04th Annual General Meeting held on 30th October, 2026 approved four resolutions. The details below follow the company's own disclosure.

Secretarial auditor

• M/s. HD and Associates LLP, Practicing Company Secretaries, has been approved as Secretarial Auditor.
• Term: 5 financial years commencing from FY 2026-27.
• The firm is described as an ICSI-Peer Reviewed firm with experience of more than five years in Company Law, SEBI Laws and FEMA Laws.
• On relationships between the firm and the directors, the disclosure is marked Not Applicable.

Authorised share capital raised

• Existing Clause V: authorised share capital of INR. 4,00,00,000/- divided into 40,00,000 equity shares of INR. 10/- each.
• Proposed Clause V: authorised share capital of INR. 10,00,00,000/- divided into 1,00,00,000 equity shares of INR. 10/- each.
• The change is made by altering Clause V of the Memorandum of Association.
• For a novice: authorised capital is the outer ceiling up to which a company may issue shares. It is not the same as shares actually issued, and it does not by itself mean new shares have been issued.

Company name change

• From 'Gconnect Logitech and Supply Chain Limited' to 'Sheth Eba Global Venture Limited'.
• This comes with a consequential amendment to the Memorandum of Association and the Articles of Association.

Registered office shift

• The registered office is to move from the State of Gujarat to the State of Maharashtra.
• This comes with a consequential amendment to the Memorandum of Association.

How to read this

• The update records shareholder approval for all four items together, so the news is a package of corporate-structure changes rather than a single event.
• The capital ceiling moves from INR. 4,00,00,000/- to INR. 10,00,00,000/-, divided into 1,00,00,000 equity shares of INR. 10/- each against 40,00,000 earlier.
• The name change and the state shift change how the company is identified and where its registered office sits, while the Secretarial Auditor appointment covers a 5 financial year term from FY 2026-27.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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