The Board of Directors at their Meeting held on Tuesday, 26th Day of August 2025, has approved the following matters: Change in Designation of Mr. Mahendra Singh from Managing Director ....
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At a board meeting held on August 26, 2025, the company approved a series of corporate actions. Mr. Mahendra Singh was redesignated from Managing Director to Whole-time Director, and Mr. Deepak Kandoi was appointed as the new Managing Director. Three new Independent Directors — Mr. Rajat Sharma, Mr. Pranay Tandon, and Mrs. Nimsha — were also appointed to the board. The authorised share capital was raised to Rs. 25 crore, and the company proposed changing its name from 'Bangalore Fort Farms Limited' to 'Grameva Limited' or 'Grameva Fort Farms Limited', subject to ROC/CRC approval. Additionally, the board cleared the Directors' Report for FY 2024-25, the 58th AGM notice, the Secretarial Audit Report, and appointed Mr. Mukesh Chaturvedi as Secretarial Auditor for FY 2025-26.
Shareholders should note the leadership transition at the top, the addition of three independent directors which strengthens board oversight, and the significant jump in authorised capital — a Rs. 25 crore ceiling signals room for potential future fundraising or dilution. The proposed name change reflects a corporate rebranding and may affect how investors identify the stock going forward.