Outcome of the circular resolution passed by the Board of directors
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The Board of Directors of Kanoria Energy & Infrastructure Limited has approved a proposal to change the company's name from 'Kanoria Energy & Infrastructure Limited' back to 'A Infrastructure Limited'. This marks a reversal to the company's former name. The name change requires approval from shareholders, the Ministry of Corporate Affairs, BSE Limited, and other applicable statutory authorities before it can take effect.
This is an administrative name change that does not affect the company's financials or operations directly. However, it may require shareholders to note the rebranding and could impact how the stock is listed on the exchange. The reversal to the former name suggests potential corporate restructuring or simplification of identity.