Board approves 4x capital hike, name change, new auditor and MD re-appointment
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On 25 July 2026, the Board approved: (1) Authorised Share Capital hike from Rs. 25 Cr to Rs. 100 Cr (4x). (2) Proposed name change. (3) Mr. Himalay Dassani re-appointed as MD for 3 years. (4) Arvind Baid and Associates as Auditors for 5-year term. (5) Expansion of business objects, powers for subsidiaries and JVs, higher borrowing limits. Mrs. Priyanka Tiwari appointed Woman Director. AGM on 21 Aug 2026. All key items need shareholder approval.
4x capital hike, name change, and expanded business scope signal growth ambitions. All major items await shareholder vote at AGM on 21 Aug 2026.