ASTARBSEAsian Star Company Ltd-$LowNeutral
Announced Sat, 7 Jun · 15:04 IST

Announcement under Regulation 30 (LODR) - Intimation of Change in Name of Foreign Subsidiary Company

ASTAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Asian Star Company Limited has informed the stock exchanges that its wholly owned subsidiary in Dubai, previously named Asian Star DMCC, has been renamed to Asian Star FZCO. The name change was carried out in accordance with the applicable laws of the jurisdiction. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The subsidiary continues to remain fully owned by the parent company, with no change in ownership or business operations.

Likely market impact

This is a routine administrative/structural update of a foreign subsidiary's legal name and entity type (DMCC to FZCO) with no material impact on operations, financials, or shareholder value.