Postal Ballot Notice for Change in name of the company from Seshachal Technologies Limited to Antriksh Service Technologies Limited
Awaiting price reaction for this filing.
Seshachal Technologies Limited has issued a postal ballot notice to seek shareholder approval for changing the company's name from 'Seshachal Technologies Limited' to 'Antriksh Service Technologies Limited'. The board approved the name change on May 8, 2025, and the Registrar of Companies has already given a name availability letter dated April 26, 2025. The name change will also require corresponding alterations to the company's Memorandum and Articles of Association. Remote e-voting will run from May 12, 2025 to June 13, 2025, with results expected by June 16, 2025. The company clarified that there is no change in its objects, legal status, operations, or any rights of shareholders — it is purely a rebranding exercise.
For shareholders, this is a cosmetic change with no impact on share value, business operations, or shareholder rights. Once approved and registered, the company will trade under its new name, so existing share certificates and demat holdings remain valid but may be updated to reflect the new name. The stock price is unlikely to be materially affected.