Enclosed herewith Notice of EGM to be held on 21/02/2026 at 12:00 pm through VC
Awaiting price reaction for this filing.
Popees Cares Limited has called an EGM on Saturday, 21 February 2026 at 12:00 PM through video conferencing, with e-voting window open from 18-20 February 2026 (cut-off date: 14 February 2026). Six special resolutions are on the agenda. The headline item is a proposed change of the company's name from 'Popees Cares Limited' to 'Koiya International Limited', driven by the need to avoid brand conflict with promoter group companies that own the 'Popees' trademark. Other resolutions include: regularization of Mr. Saroj Kumar Choudhury (DIN: 11143083) as Independent Director for a 5-year term (14-Nov-2025 to 13-Nov-2030); and four borrowing/investment-related authorizations under Sections 180(1)(a), 180(1)(c), 185, and 186 of the Companies Act, each capped at Rs. 100 Crores. The name change will not affect legal status, operations, or financial position, per the explanatory statement. E-voting is facilitated through CDSL.
For shareholders: the name change is largely a rebranding exercise with no impact on legal status or share value, but signals a strategic shift away from the promoter group's 'Popees' brand. The Rs. 100 Crore caps on borrowing, lending, and investment authorizations are broad enabling resolutions that could foreshadow significant future fund-raising or expansion activity, warranting close attention to subsequent announcements.