Considered and approved alteration of Object Clause of Memorandum of Association of the Company as described in the annexure.
Awaiting price reaction for this filing.
Omansh Enterprises Limited announced several board decisions from its meeting held on 11th December 2025. The company proposes to change its name from 'Omansh Enterprises Limited' to 'Pipan Oils Limited', subject to approval from the Registrar of Companies and shareholders. The board also approved altering the Object Clause of its Memorandum of Association to align with future strategic plans, and adopted a new set of Articles of Association compliant with the Companies Act 2013. Mr. Ajay Kumar Ray, an MBA with over 29 years of experience in petroleum operations and financial management, was appointed as the new Chief Financial Officer effective immediately. An Extra-Ordinary General Meeting has been scheduled for 12th January 2026 to seek shareholder approval for these changes.
The proposed name change to 'Pipan Oils Limited' and alteration of the Object Clause signal a likely pivot into the oils/petroleum business, which could reshape the company's identity and operations. Shareholders should watch the EGM on 12th January 2026 for approval of these structural changes.