Board approves name change, Gujarat-to-Maharashtra office shift, share capital rise to Rs. 10,00,00,000

Board meeting outcome (03 October 2026).

Sat 3 Oct 2026

Board Meeting Date

03 October 2026

Proposed New Name

"Sheth Eba Global Venture Limited" or "Sheth Eba Global Limited"

Registered Office Shift

from Gujarat to Maharashtra

Authorised Share Capital

up from Rs. 4,00,00,000 to Rs. 10,00,00,000/-

Directors' Report

FY ended March 31, 2026

Board meeting outcome — 03 October 2026

The board of Gconnect Logitech and Supply Chain Ltd met on Saturday, 03 October 2026 and considered and approved a set of proposals. The meeting commenced at 03:15 PM and concluded at 04:15 PM.

Change of name

• The board considered and approved the proposal for change of the company's name from "Gconnect Logitech and Supply Chain Limited" to "Sheth Eba Global Venture Limited" or "Sheth Eba Global Limited".
• This is subject to availability and approval of the proposed name by the Ministry of Corporate Affairs and subject to the approval of the Members, along with consequential alteration of the relevant clauses of the Memorandum of Association and Articles of Association.

Shifting of registered office

• The board considered and approved shifting the registered office of the company from the State of Gujarat to the State of Maharashtra.
• This is subject to the approval of the Members and such approvals of the Central Government/Regional Director and other statutory or regulatory authorities as may be required.

Authorised share capital

• The board approved an increase in the authorised share capital from the existing Rs. 4,00,00,000 (Rupees Four Crore) to Rs. 10,00,00,000/- (Rupees Ten Crore), with a consequential alteration of the Capital Clause of the Memorandum of Association.
• This is subject to the approval of the Members and such other approvals as may be required under applicable laws.
• Authorised share capital is the ceiling up to which a company can issue shares. An increase in this ceiling does not by itself mean shares have been issued or that funds have been raised; a separate issue would need its own approvals.

Annual items approved

• The Directors' Report of the company along with the applicable annexures for the financial year ended March 31, 2026 was considered and approved.
• The board considered and approved the Notice convening the forthcoming Annual General Meeting, together with the explanatory statement, including seeking approval of the Members for the matters above, wherever applicable.

Alteration of the main object clause

• The board considered and approved alteration of the main object clause of the Memorandum of Association, subject to necessary approvals.
• The disclosure states that new sub-clauses (4), (5), (6), (7) and (8) are to be appended after sub-clause (3) of clause III (A) of the Memorandum of Association. These cover:
• Manufacturing, fabricating, processing, casting, forging, machining, assembling, finishing, treating, coating, repairing, altering, converting, buying, selling, reselling, importing, exporting, stocking, distributing, supplying and trading in ferrous and non-ferrous metals, steel and metal products, including structural steel, mild steel, stainless steel, alloy steel, carbon steel, sheets, plates, coils, bars, rods, pipes, tubes, angles, channels, beams, sections, components, parts, machinery and engineering products.
• Steel, iron and metal fabrication and engineering works, including structural, industrial, heavy, light and precision fabrication, welding, cutting, bending, rolling, drilling, machining, galvanising, powder coating, painting and surface treatment, and manufacture and supply of industrial, commercial, residential and infrastructure-related structures, equipment, components and products.
• Manufacture, process, fabricate, assemble, erect, install, repair, maintain and commission steel and iron structures, frames, sheds, platforms, trusses, towers, tanks, vessels, pipelines, railings, gates, grills, supports, industrial structures and prefabricated structures, whether on own account or on job-work, contract, subcontract or turnkey basis.
• Wholesale and retail trading, distribution, agency, dealership, commission agency, import and export of steel, iron, metals, fabricated products, engineering goods, machinery, equipment, tools, consumables, hardware and other connected products, and materials for the steel, iron, fabrication, engineering, manufacturing, construction and infrastructure industries.
• Job work, contract manufacturing, fabrication contracts, project execution, erection and installation services, and engineering, technical, inspection, maintenance and allied services in connection with steel, iron, metal fabrication, manufacturing and engineering activities.

Points to keep in view

• The name change, the office shift, the authorised share capital increase and the main object clause alteration are all subject to approval of the Members and, where applicable, approval of the Ministry of Corporate Affairs, the Central Government/Regional Director and other statutory or regulatory authorities.
• The proposals move through the approval process set out in the update before taking effect.

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