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 Directors of Gleam Fabmat Limited, at its meeting on October 16, 2025, approved a proposal to change the company's name to 'GLAAM UP JWEL LIMITED'. The name change is subject to approval from the Central Registration Centre (Registrar of Companies, Ministry of Corporate Affairs), the company's shareholders, and the Central Government. The Board also approved corresponding alterations to the Name Clause (Clause I) of the Memorandum of Association and to the Articles of Association to reflect the new name. The Board meeting ran from 1:00 PM to 1:30 PM IST and was signed by Amit Gupta, Managing Director and CFO. The shift from 'Fabmat' (fabrication/materials) to 'JWEL' (jewelry) suggests a rebranding toward the jewellery business.
For shareholders, this is a cosmetic and branding change that does not affect shareholding or financials, but it signals a strategic pivot toward the jewellery sector. The new name will only become effective after shareholder and regulatory approvals, so there is no immediate impact on the stock.