Announcement with respect to placement of certificate under Regulation 45(3) for ratification in the next General Meeting.
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Hercules Investments Limited (formerly Hercules Hoists Limited) is submitting the Chartered Accountant's certificate required under SEBI Regulation 45(3) for its ongoing name change from Hercules Hoists Limited to Hercules Investments Limited. Shareholders had already approved the name change at the AGM on 12 August 2025, but the required CA certificate was inadvertently omitted from the AGM notice. The company confirmed the omission was unintentional and assured the certificate will be placed for shareholder ratification at the next General Meeting. The CA certificate confirms the name change complies with Regulation 45(1), as 100% of the company's total revenue (ranging from Rs 16.25 lakh to Rs 287.52 lakh across recent quarters) already comes from the investment-related activity aligned with the new name.
This is a procedural compliance filing to fix a paperwork omission related to an already-approved name change. Minimal direct impact on shareholders, but addresses a regulatory lapse flagged by the exchange and reinforces the company's name rebranding to reflect its current investment-focused business activity.