The Board of Directors of Gleam Fabmat Limited ('the Company'), at its meeting held today, i.e., Thursday, October 16, 2025, at the registered office of the Company situated at Office Flat ....
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The Board of Gleam Fabmat Limited, at a meeting held on October 16, 2025, approved a proposal to change the company's name to 'Glaam Up Jwel Limited'. The name change is subject to approvals from the Central Registration Centre, Registrar of Companies (Ministry of Corporate Affairs), the company's shareholders, and the Central Government. Alongside this, the Board also approved corresponding alterations to the Memorandum of Association and Articles of Association to reflect the new name. The company is listed on BSE under the symbol GLEAM (Scrip Code: 542477), and existing shares will remain valid after the change. The Board meeting lasted just 30 minutes (1:00 PM to 1:30 PM IST).
This appears to be a rebranding move, likely signalling a strategic shift in the company's business focus — from 'Fabmat' (suggesting fabrics/materials) to 'Jwel' (suggesting jewellery/gold). For existing shareholders, no action is needed; their shares remain valid and will simply trade under a new corporate name once all approvals are secured. The new name hints at a possible entry or pivot into the jewellery sector, though no operational or financial details were disclosed.