Announced Wed, 14 Oct, 2026 · 12:23 IST

Company name changed from Lippi Systems to Nilkanth Resources Limited

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Price

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Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹228.90

prior close

₹220.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+0.8% vs market

Industrial Products peers, median of 131sector+0.1%+1.4% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.4 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

+3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+0.7+0.8+0.1+1.4

Next day

+3.1-1.0+4.1-1.1+4.2

+0.1-0.3+0.4-1.1+1.2

+1.4-1.9+3.3-2.1+3.4

-2.4-4.5+2.1-4.7+2.3

-1.8-5.5+3.6-5.6+3.8

-7.8-7.3-0.5-7.8-0.0

15d

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 131Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lippi Systems Limited has officially changed its name to Nilkanth Resources Limited after receiving a fresh Certificate of Incorporation from the Registrar of Companies on October 13, 2026. The Ministry of Corporate Affairs approved the change to align the company name with its proposed project of mining, processing, manufacturing, and trading of Bentonite and Industrial Minerals. The BSE scrip code remains 526604. The company is completing formalities with stock exchanges to update the new name in their records.

Likely market impact

Shareholders should update records to reflect the new name. Scrip code 526604 unchanged. The rebrand signals a strategic pivot into mining and industrial minerals.