The Board of Directors in its Meeting held on today i.e. December 30, 2025 has approved the Name change of the Company and decided to convene Extra Ordinary General Meeting of the Company.
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The Board of Directors of Nibe Ordnance and Maritime Limited, at a meeting held on December 30, 2025, approved a proposed change of the company's name to 'Global Defence Industries Limited.' The Registrar of Companies has confirmed the new name is available for use. The company will hold an Extra-Ordinary General Meeting (EGM) on January 30, 2026 via video conferencing to seek shareholder approval for the name change and related amendments to its Memorandum and Articles of Association. This is the company's second name change, having previously been known as Anshuni Commercials Limited. The scrip code on BSE remains 512091.
The name change signals a strategic repositioning toward the defence sector, which may be viewed positively by investors if it reflects a real business shift. However, the stock price impact is likely to be neutral until actual defence-related operations or contracts materialize. Shareholders should watch for the EGM outcome on January 30, 2026.