HEALTHXNSEHealth X Platform LimitedLowNeutral
Announced Fri, 24 Apr · 17:01 IST

Sastasundar Ventures Limited has informed the Exchange about General Updates on Application to Stock Exchanges for Change in Name of the Company

Corporate Actions View source PDF

HEALTHX · price

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AI summary

The company is changing its name from "Sastasundar Ventures Limited" to "Health X Platform Limited" and has applied to BSE and NSE for approval. Stock exchanges asked for a revenue bifurcation in the chartered accountant's certificate to verify compliance with SEBI's Regulation 45 rules for a name change. The revised certificate from JKVS & Co. shows that more than 50% of consolidated revenue for the calendar year 2025 (Rs. 2,160.79 lakhs) came from healthcare activities, justifying the new name. The company has shared this revised certificate with the exchanges and will circulate it to shareholders at the next general meeting or postal ballot.

Likely market impact

This is a procedural update on the name change process with no direct effect on share price or financials. Once approved, the stock will trade under the new name "Health X Platform Limited," reflecting its pivot toward healthcare as the core business.