Announced Fri, 21 Nov · 20:10 IST

Please find the outcome of Board meeting in the attached PDF.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Bhakti Gems and Jewellery Limited (Scrip Code: 540545) met on 21st November 2025 and decided not to take up the proposal for raising of funds, as the proposal was neither finalized nor submitted with the required details. Separately, the Board approved the RUN Application filed with the Registrar of Companies (CRC) for changing the company's name from 'Bhakti Gems and Jewellery Limited' to 'Guru Krupa Gems and Jewellery Limited'. The name change still requires approval from the company's members (shareholders) and other necessary regulatory clearances before it becomes effective. The meeting ran from 4:00 pm to 7:45 pm.

Likely market impact

The deferral of the fund-raising plan suggests any near-term capital expansion or fundraising activity is on hold, which could delay growth plans. The proposed rebranding is a cosmetic change at this stage and will only take effect once shareholder and regulatory approvals are secured.