NB Footwear office shift: Chennai to Kolkata in 2026

What NB Footwear disclosed to the exchange

NB Footwear Limited has disclosed a set of board decisions related to shifting its registered office and reorganising key administrative functions. The company communicated the outcome to BSE Limited after the board meeting. The disclosures indicate that the company is pursuing a move away from its existing registered office in Chennai, Tamil Nadu. Alongside the registered office proposal, the board also cleared steps to establish a corporate office in Kolkata and move statutory books there. All key actions remain subject to shareholder and statutory approvals, as stated in the filing. The update matters because a registered office shift changes the company’s statutory jurisdiction and where key corporate records are maintained.

Share price reference provided in the update

The note also references the company’s share price level. As of 7 July 2026, NB Footwear’s share price was stated at ₹6.6. No additional price move, volume detail, or comparative performance data was included in the provided information. As a result, the exchange disclosure should be read mainly as a corporate compliance update rather than a financial results announcement. Investors typically track such filings for changes that could affect compliance processes and communication addresses.

Board meeting outcome dated June 20, 2026

According to the disclosure, the decision was taken at a board meeting held on June 20, 2026 at 3 PM. The meeting venue was the company’s existing registered office in Chennai. The board approved a proposal to shift the registered office from Chennai to Kolkata and Noida, subject to approvals. The same outcome also approved creating a corporate office at the Kolkata address. The corporate office is intended to function as the corporate office until the registered office shift is approved by the relevant authorities. The company also approved relocating its books of account to the proposed corporate office in Kolkata.

Current and proposed addresses mentioned

The filing specifies the existing Chennai address and the proposed Kolkata address in detail. The current registered office was stated as II Flr 3A, MGR Street, Thanthai Periyar Nagar, TTTI Taramani, Chennai 600113. The proposed new location was specified as SP no 50/51, 1st Floor, Jodhpur Gardens, Ward no3, Kolkata-700045. The corporate office address is the same Kolkata location. The documentation also refers to a shift from Chennai, Tamil Nadu to Noida, West Bengal, and readers should note that the disclosure uses this phrasing as provided. The formal effect of the shift is dependent on shareholder consent and statutory clearances.

Earlier board meeting intimation dated June 16, 2026

Before the June 20 outcome, NB Footwear had scheduled a board meeting for June 16, 2026 to consider the same matter. The agenda included shifting the registered office from Chennai to Kolkata, establishing the corporate office at the proposed Kolkata location, and keeping the books of account at that location. The agenda was explicitly stated to be subject to shareholder and statutory approvals. This sequence shows the company first disclosed intent through an intimation and later disclosed approvals through the board outcome. The meeting timing was also stated as 3 PM at the registered office.

Books of account to move to Kolkata corporate office

One of the operational decisions involves relocating books of account to the proposed corporate office in Kolkata. This point is material because the Companies Act and related compliance processes require clarity on where statutory records are kept. The board approved keeping the books of account at a place other than the registered office, aligned with the corporate office plan. The disclosure indicates that this change is part of the broader administrative relocation. However, the company also stated that these decisions require approvals before taking effect. Until then, the existing registered office remains the formal registered address.

Promoter pledge and encumbrance disclosure

NB Footwear also confirmed that its promoters and persons acting in concert have not created any encumbrance on shares held by them during the financial year ended March 31, 2026. This statement addresses a common investor concern around promoter pledges and share encumbrances. The disclosure does not provide promoter holding percentages in the provided text, but it clearly states the absence of encumbrance creation during the period. Such confirmations are typically tracked alongside other governance and compliance updates.

Context: a prior registered office shift within Chennai

The information also references an earlier registered office shift within Chennai city limits. In a disclosure dated December 17, 2025, the board decided to shift the registered office from Old No.42, New No.62, 53rd Street, Ashok Nagar, Chennai 600083 to 2nd Floor, 3A, MGR Street, Thanthai Periyar Nagar, TTTI Taramani, Chennai- 600113, with immediate effect. That earlier move stayed within Chennai, while the 2026 proposal concerns shifting out of Tamil Nadu. The documents also contain a reference to shifting from the State of Tamil Nadu to the State of Uttar Pradesh and keeping books of account elsewhere, but no further specifics are provided in the text. Readers should rely on the detailed address disclosures for what has been explicitly stated.

Key facts table from the disclosure

Timeline of the disclosed events

Market impact and what investors can track next

The disclosure is primarily about corporate administration and statutory positioning rather than operating performance. Still, it can affect how and where the company manages compliance, record-keeping, and official correspondence. Since the decisions are subject to shareholder and statutory approvals, investors can monitor future exchange filings for notices related to shareholder consent and any regulatory clearances. Another practical item to track is whether the registered office shift is formally effected and reflected in subsequent filings and corporate communications. Separately, the company’s statement on no promoter encumbrance creation during FY2025-26 is a governance datapoint that investors may consider alongside future disclosures. The next concrete step is the completion of the approval process mentioned in the filing.