Intimation under regulation 30 of the SEBI (LODR) Regulations, 2015 - Change the name of the Company
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The Board of Directors of Darjeeling Ropeway Company Limited, at a meeting held on 8th October 2025, approved a proposal to change the company's name to 'Darjeeling Enterpriises Limited' (or such other name as approved by the Ministry of Corporate Affairs). This is an intimation under Regulation 30 of SEBI LODR Regulations, 2015. The change signals a possible pivot away from the company's original ropeway business identity towards a broader enterprise focus. The final name is subject to availability and regulatory approval from MCA.
Name change alone has no direct impact on share price or shareholder value, but it hints at a strategic rebranding that investors should watch for future business updates. Shareholders should expect further announcements once the new name receives MCA approval.