MCA (Central registration centre) has approved and reserved a new name "India homes Limited" for 60days from the date of issue of the certificate for change of existing name of the Company.
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India Steel Works Limited (BSE scrip code: 513361) has received approval from the Ministry of Corporate Affairs (MCA) to change its name to 'Indiahomes Limited.' The MCA's Central Registration Centre has reserved the new name for 60 days from the date of the certificate (21 June 2025). The company must now complete the name change process within this window, subject to compliance with applicable provisions of the Companies Act, 2013. The shift in name from a steel-focused identity to a real estate-oriented one suggests a strategic pivot or rebranding of the business.
This name change signals a potential strategic shift from steel to real estate/housing, which could change how investors perceive the company's business direction. Shareholders should watch for further clarification on the business rationale and any upcoming corporate actions tied to this rebranding.