Madhav Copper Limited has informed the Exchange regarding Outcome of Board Meeting held on March 19, 2026.
MCL · price
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The Board of Directors of Madhav Copper Limited, at a meeting held on March 19, 2026, approved changing the company's name to 'M Tek Copper Limited'. Consequently, the Memorandum and Articles of Association will also be amended. The name change is subject to approval from shareholders, the Ministry of Corporate Affairs, and other regulatory authorities. The Board also approved a Postal Ballot Notice to seek shareholder consent and appointed Mr. Ranjit Kumar Singh of M/s Ranjit & Associates as the Scrutinizer for the postal ballot process. The meeting ran from 11:00 AM to 11:45 AM.
This is a corporate identity change with no direct impact on financials or shareholder value. The existing NSE symbol (MCL) and share price are unaffected for now, but investors should watch for the postal ballot outcome and eventual update to the company's name across records and platforms.