We are hereby submitting the outcome of the Board meeting held on 13.11.2025 to approve the agenda as given below 1. Change of registered office of the company within same state of Maharashtra 2. ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.8 pts more than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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At a board meeting on November 13, 2025, the company approved four major actions. First, it decided to shift its registered office within Maharashtra. Second, Mr. Vishal Thakkar resigned as Managing Director and CFO effective from close of business on November 14, 2025, citing a change in management and control following a takeover — he also stepped off the Audit Committee. Third, the company executed a Term Sheet to acquire a majority stake in RRP Electronics Limited, which would make RRP Electronics a subsidiary subject to due diligence and definitive agreements. Fourth, the Board proposed renaming the company from 'Indian Link Chain Manufacturers Limited' to 'RRP Electronics India Limited', for which it has already received name reservation approval from MCA, awaiting shareholder approval via special resolution.
This is effectively a reverse-takeover transformation — the listed shell is acquiring an electronics business (RRP Electronics) and will rebrand itself accordingly, which could significantly change the company's business, valuation, and investor base. Existing shareholders should expect a major shift in the company's operations and future financials post-completion of the acquisition.