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Galaxy Cloud Kitchens Limited has issued a Postal Ballot Notice seeking shareholder approval for two special resolutions. The first resolution proposes changing the company's name from 'Galaxy Cloud Kitchens Limited' to 'Galaxy Supermarket Limited', as the company discontinued its cloud kitchen business in FY 2024-25 and has shifted to operating retail supermarket stores focused on FMCG, groceries, and household products. The second resolution seeks approval to alter the Objects Clause of the Memorandum of Association by deleting old clauses related to entertainment, amusement parks, stadiums, and media businesses that are no longer pursued, and renumbering the remaining clauses. The e-voting period runs from December 5, 2025 to January 3, 2026, with the cut-off date set as November 28, 2025. A chartered accountant's certificate confirms that more than 50% of the company's revenue in the preceding one-year period comes from the new supermarket business, satisfying SEBI Regulation 45(1)(b) requirements for the name change.
The name change and objects clause alteration reflect a strategic pivot from cloud kitchens to retail supermarkets and will not affect shareholders' rights or the validity of existing share certificates, though the ISIN may be updated to reflect the new name. Shareholders should review and vote on these resolutions before the January 3, 2026 deadline.