BSEOsiajee Texfab LtdMediumNeutral
Announced Tue, 19 May · 14:47 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR'), we wish to inform you that the Board of Directors of the Company, ....

Core Business DivestedStrategic Transactions 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
-3.6%1-day move
₹461.00
prior close
₹464.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.6+0.6+0.4-3.6-12.9-16.0-10.6-10.8-13.2-10.2-11.1-27.5
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AI summary

The Board of Directors of Osiajee Texfab Limited approved a proposal to change the company's name to 'Osiajee Real Estate Limited'. The meeting was held on May 19, 2026, from 2:00 PM to 2:30 PM. The name change is intended to better reflect the company's new business direction and brand identity. The change is subject to approval from the Ministry of Corporate Affairs (MCA) for name availability under Section 4(5) of the Companies Act, 2013, along with shareholder approval and other regulatory/statutory approvals as required.

Likely market impact

The name change from 'Texfab' (textile fabric) to 'Real Estate' signals a significant business pivot away from the textile industry. Shareholders should note this as a major strategic shift that may impact the company's future operations and valuation profile.