Dear Sir/ Madam, With reference to above mentioned subject, please find enclosed herewith the copy of 34th Annual Report of the Company for the year ended 31st March, 2025. Further, ....
Awaiting price reaction for this filing.
Shivom Investment & Consultancy Ltd (BSE: 539833) has submitted its 34th Annual Report for FY ending 31st March 2025, along with the notice for its AGM scheduled on 30th December 2025. The company underwent a Corporate Insolvency Resolution Process (CIRP) under the IBC, with the NCLT Mumbai approving the Resolution Plan submitted by Mr. Prashantbhai Ghanshyambhai Ukani as the Successful Resolution Applicant on 18th August 2025. Existing share capital was cancelled and restructured under the new management. Key resolutions include regularisation of five additional directors, change of company name to 'PRARAMBH Industries Limited', and alteration of the main object clause to pivot toward manufacturing of ferrous and non-ferrous metals.
This marks a significant turnaround event — the company has emerged from insolvency under new management with a fresh business direction (metals manufacturing) and a new corporate identity. Shareholders should note the name change and business pivot, and the restructuring likely involved share capital changes. Short-term stock price may react to the formal end of the insolvency process and new strategic direction.