Approval by way of Resolution by Circulation regarding change in the name of the Company from 'SEMAC CONSULTANTS LIMITED' to 'SEMAC CONSTRUCTION LIMITED',
SEMAC · price
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Semac Consultants Limited has received board approval (via resolution by circulation on 9 April 2025) to change its name to 'Semac Construction Limited.' The board also approved amending the company's Memorandum and Articles of Association to reflect the new name. The change is still subject to shareholder approval through a postal ballot, as well as clearance from the Ministry of Corporate Affairs and other regulators. Once approved, the company will operate under a new identity that better reflects its construction-focused business.
This is a corporate identity update rather than a change in business operations or financials. Investors should watch for the postal ballot outcome and MCA approval, after which the new name will appear on NSE (SEMAC) and BSE (505368). No direct impact on share price or shareholder value is expected from the name change itself.