Outcome of the Board meeting held on 11 March 2026 for the following business: 1. Withdrawal of Arvaya Healthtech Limited as Name of the Company. 2. Approval for proposed change in ....
Awaiting price reaction for this filing.
The Board of Directors of Bijoy Hans Limited met on March 11, 2026, and approved two key decisions regarding the company's name. First, the Board withdrew the previously approved name change to 'Arvaya Healthtech Limited', which had been cleared by the Ministry of Corporate Affairs via a RUN application and approved by shareholders at an EGM on February 25, 2026. Second, the Board approved a fresh proposal to rename the company to 'Arvaya Healthcare Limited' or 'Arvaya Healthcare and Wellness Limited', subject to shareholder and Registrar of Companies (ROC) approval. The management cited 'revised strategic business decisions' as the reason for withdrawing the earlier name. The new name signals a clear pivot towards the healthcare and wellness sector.
This is a rebranding move that signals a strategic shift of the company towards the healthcare and wellness space, which could alter investor perception and the stock's narrative. Shareholders will get another opportunity to vote on the new name at a future meeting; until approvals come through, the existing name and trading identity remain unchanged.