Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 pursuant to Alteration in MOA of the Company.
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New Light Apparels Limited has officially changed its name to New Light Industries Limited, with the Ministry of Corporate Affairs approving the change on 19 August 2025. The name change was first approved by shareholders through a special resolution via postal ballot on 2 August 2025. Along with the name change, the company has significantly widened its objects clause in the MOA to include new business areas such as electrical and electronic products manufacturing, electric vehicles (including manufacturing, charging stations, and R&D), general trading, and e-commerce. The company's authorised share capital remains at ₹30 crore divided into 30 crore equity shares of ₹1 each.
The name change signals a strategic pivot from a pure apparel business to a diversified industrial entity, opening doors to new high-growth sectors like EVs and electronics. Shareholders should view this as a positive diversification move, though actual execution and revenue contribution from new verticals remains to be seen.