Oriental Carbon & Chemicals Limited has informed the Exchange that the name has been changed from Oriental Carbon and Chemicals Limited to AG Ventures Limited
Awaiting price reaction for this filing.
Oriental Carbon and Chemicals Limited has officially changed its name to AG Ventures Limited, with effect from June 20, 2025, following approval from the Ministry of Corporate Affairs. This name change is part of a Scheme of Arrangement under which the company's chemical business — Insoluble Sulphur and Sulphuric Acid — has been demerged into OCCL Limited (the Resulting Company). The new name reflects the company's realigned business focus and new identity post-demerger. The company will now operate under the new identity, with its website updated to www.agventuresltd.com.
For existing shareholders, the underlying company remains the same (CIN unchanged), but the listed entity now represents the residual business after the chemical operations have been spun off into OCCL Limited. Investors should review the post-demerger business profile of AG Ventures Limited and the swap/issuance terms of the demerger to understand the revised investment case.