BSEOsiajee Texfab LtdHighNeutral
Announced Thu, 9 Jul · 13:19 IST

Osiajee Texfab to rename as Osiajee Real Estate, seeks shareholder nod

Fund Raising View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.9%1-day move
₹385.00
prior close
base price
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-9.9-11.8-8.8-5.5-8.4-13.2
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AI summary

Board approved changing the company name from Osiajee Texfab Limited to Osiajee Real Estate Limited, subject to shareholder approval via postal ballot. The Central Registration Centre, MCA had already cleared the new name on 27 May 2026. The change reflects a new business direction from textiles to real estate. Postal ballot notice was approved and a scrutinizer was appointed for the e-voting process. Memorandum and Articles of Association will be amended after the shareholder vote.

Likely market impact

Signals a strategic shift from textiles to real estate. Pending shareholder approval via postal ballot before the new name and revised MOA and AOA take effect.