Intimation of Change of Company Name Pursuant to Merger
Awaiting price reaction for this filing.
Mangalya Soft-Tech Limited has officially changed its name to Ratnakar Securities Limited, effective November 26, 2025. This follows the completion of the merger of Ratnakar Securities Private Limited into the listed entity (Mangalya Soft-Tech), under a Scheme of Arrangement approved via letter dated September 11, 2023. The BSE Scrip Code (530243) remains unchanged, while the Scrip ID has been updated to RATNAKAR. All business operations, shareholder rights, and filings will continue seamlessly under the new name.
Existing shareholders will see the company's name update on BSE records, but there is no change to the Scrip Code or any dilution of holdings. The rebranding reflects the merged entity's identity rather than any new business or capital action, so near-term stock price impact is likely minimal.