THIS IS IN FURTHERENCE TO OUR LETTER DATED 25TH SEPTEMBER, 2025 ,WE HEREBY INFORM THAT THE SHREHOLDERS OF THE COMPANY AT THE 58TH AGM OF THE COMPANY HAS APPROVED : 1.THE RE-DESIGNATION ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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At the 58th AGM held on 25 September 2025, shareholders approved a major set of changes. The company's name was changed from Bangalore Fort Farms Limited to Grameva Limited, with MCA approval already secured. The authorised share capital was raised five-fold from Rs. 5 crores to Rs. 25 crores, with a corresponding change to the Memorandum of Association. Mr. Mahendra Singh was re-designated from Managing Director to Whole-time Director. Mr. Deepak Kandoi, a Chartered Accountant with experience at SDP & Associates, S. Jaykishan & Co., and Ambuja Neotia Group, was appointed as the new Managing Director for a five-year term. Three new Independent Directors were also appointed for five-year terms: Mr. Pranay Tandon, Mr. Rajat Sharma (a Company Secretary), and Ms. Nimisha Srivastava (a law graduate).
The five-fold jump in authorised share capital signals potential fundraising or expansion plans ahead. A wholesale board overhaul—including a new externally appointed MD with a strong finance background and three new independent directors—along with a rebranding from Bangalore Fort Farms to Grameva suggests a strategic reset that could be material for shareholders to monitor closely.