Approval for change of the name of the company
Awaiting price reaction for this filing.
Kashyap Tele-Medicines Limited's board, which met on August 14, 2025, approved multiple major changes. The company plans to change its name and alter its main business objects, both subject to shareholder approval via postal ballot. The registered office will shift from Chandanwadi in Mumbai to Mahape in Navi Mumbai. Three independent directors — Devakinandan Sharma, Mayank Khetan, and Amrita Khetan — all resigned effective August 14, 2025. The board appointed M/s Bhavesh D Shah & Co. as the new internal auditor for FY 2025-26 and Mrs. Rupal Patel as secretarial auditor for a five-year term starting FY 2025-26.
The simultaneous exit of all three independent directors and a proposed company name change suggest a significant strategic pivot or restructuring, which shareholders will get to vote on through a postal ballot. Investors should watch for the postal ballot results and any further clarity on the new business direction.