Change of name of the Company due to amalgamation under NCLT order dated 19th March 2026.
Awaiting price reaction for this filing.
Citizen Infoline Limited has completed a name change to Citizen Solar Limited following the sanction of a Scheme of Amalgamation by the Hon'ble National Company Law Tribunal, Ahmedabad Bench. The Registrar of Companies issued the fresh Certificate of Incorporation on May 4, 2026, making the name change effective from that date. The company's CIN also changed from L67120GJ1994PLC023561 to L31100GJ1994PLC023561, suggesting a shift in business classification. The old name must be displayed alongside the new name for two years as per Section 12 of the Companies Act. The change does not affect the rights and liabilities of stakeholders.
The shift from 'Infoline' to 'Solar' in the company name, combined with the CIN change, indicates a likely shift in core business focus. This amalgamation and rebranding could signal a new strategic direction that may impact investor sentiment depending on the company's future growth plans.