Change of name of the Company from Containerway International Limited to Indus Aluminium Recyclers Limited.
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Containerway International Limited has officially changed its name to Indus Aluminium Recyclers Limited, following approval from shareholders. The old name was tied to container/logistics business, while the new name points to aluminium recycling as the new focus area. The company is registered in Ahmedabad, Gujarat, and is listed on BSE under script code 540597. The BSE is yet to formally approve the name change before it becomes effective on the exchange. The CIN number L60210WB1985PLC038478 and ISIN remain the same for now.
This is a rebranding that signals a strategic shift from the container business into aluminium recycling. Investors should look out for updated business disclosures and any new projects, as the new name suggests the company's future growth will be driven by aluminium recycling operations rather than its legacy container business.