Outcome of Board Meeting held on 22.12.2025
Awaiting price reaction for this filing.
The Board of Directors of RCI Industries & Technologies Limited, at its meeting held on 22 December 2025, approved a proposal to change the company's name to 'JTL Defence Limited' (or any other name approved by the Central Processing Centre, Ministry of Corporate Affairs). The change also includes amendments to the company's Memorandum and Articles of Association. The proposed name change is subject to approval from the shareholders and the Ministry of Corporate Affairs. The board meeting lasted 40 minutes, from 7:45 PM to 8:25 PM.
This is a corporate rebranding move signalling a strategic pivot towards the defence sector, which could improve market positioning and attract defence-focused investors. Shareholders should note the name change still requires their approval at a general meeting and MCA clearance before becoming effective.