Board meeting on 16 October 2026 to consider corporate office and warrant-issue bank account
Board meeting scheduled for Friday, 16 October 2026.
By ScoutQuest · · 3 min read
- Meeting Date
- Friday, 16 October 2026
- Corporate Office Proposed
- Martin Burn Business Park, Sector V, Bidhannagar, Kolkata
- Quarter for Compliance Report
- quarter ended 30 September 2026
What this update is
Tandhan Energies Limited (formerly known as Shah Foods Limited) has informed BSE that a meeting of its Board of Directors is scheduled to be held on Friday, 16 October 2026. The company has described this as a prior intimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires a listed company to tell the exchanges in advance when a board meeting will be held and what it will consider.
What the Board will consider
- Corporate office: to consider and approve the establishment of a Corporate Office of the Company at Martin Burn Business Park, 07th Floor, Plot 3, Salt Lake Bypass, BP Block, Sector V, Bidhannagar, Kolkata-700091, West Bengal. The registered office of the company is in Ahmedabad, Gujarat, while the meeting itself is to be held at the 18th Floor of the same Kolkata building complex.
- Designated bank account: to consider and approve the opening of a designated bank account with ICICI Bank Limited for receipt of monies in connection with the preferential issue of warrants of the company, and to authorise designated officers or signatories to open, operate and administer the account and execute the necessary documents.
- Compliance report: to review and take note of the compliance report pertaining to applicable laws and the status of statutory and regulatory compliances for the quarter ended 30 September 2026, under Regulation 17(3).
- Name-change follow-through: to take note of the status of statutory, regulatory and operational compliances consequent upon the change of name from Shah Foods Limited to Tandhan Energies Limited, and to authorise completion of the pending consequential changes.
- Any other business, with the permission of the Chair.
How to read a board meeting intimation
A prior intimation is an advance notice, not an outcome. It tells the reader what the Board intends to take up and decide. The items listed are described as matters to be considered or taken note of, so the decisions, if any, would come through separately after the meeting is held.
A few things a retail investor may want to follow
- Corporate office: a company setting up a corporate office in a different city from its registered office is an operational and administrative step. The update does not attach any cost, lease or timeline to the proposal.
- Preferential issue of warrants: a preferential issue is a way a company raises money from selected investors by issuing securities to them. Warrants are a form of security that can later be converted into shares. Such a route can bring in fresh funds, and depending on the terms, it can also change the shareholding pattern. The terms of any such issue would be the key thing to look at when the matter is decided.
- Designated bank account: opening an account specifically to receive money for the warrant issue is a preparatory step, and it is the money received into such an account that is typically kept aside for the issue.
- Compliance review: the quarterly compliance report and the follow-through on the name change are routine governance items; the name change itself has already happened, and the Board is taking note of what remains to be completed.
In short
This intimation tells investors what is on the agenda of the 16 October 2026 board meeting — a corporate office, a bank account linked to a preferential issue of warrants, the quarterly compliance report and the completion of name-change formalities. It carries no approval or decision as of now.
Also from Shah Foods
Board approves Kolkata corporate office, ICICI Bank account for preferential warrant issue monies
16 Oct 2026
N. Agarwala & Associates re-appointed Statutory Auditor of material subsidiary for a second term of 5 years
1 Oct 2026
Corrigendum: Secretarial Auditor appointment corrected to show Members' approval at the 44th AGM
1 Oct 2026
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