Announced Wed, 15 Jul · 15:16 IST
Company to rename to Elegant Infrastructure, add construction and real estate objects
General View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.4%1-day move
₹4.87
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+6.4+5.5+4.1+2.3+0.0+2.3————
Up moveDown movePending
AI summary
Board of Elegant Floriculture and Agrotech India Limited approved two changes subject to shareholder and RoC approval. First, addition of real estate, construction, builders, developers, contractors, and infrastructure project activities to the MoA main objects. Second, changing the company name to Elegant Infrastructure Limited.
Likely market impact
Major pivot from floriculture and agriculture toward infrastructure and real estate. Could redefine the company identity, subject to shareholder approval.