Announced Mon, 22 Jun · 18:19 IST
Board okays name change to Svam Agritech, expands into agri and real estate
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+10.0%1-day move
₹5.70
prior close
₹5.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.0+15.4+21.1+21.8+11.2+3.5+0.0-3.2——
Up moveDown movePending
AI summary
Board of Svam Software Ltd met on June 22, 2026 and approved changing the company name to Svam Agritech Limited, subject to MCA approval. Also approved adding 3 new object clauses to the MOA, expanding into agritech solutions, farming, agriculture trading, seeds, fertilizers, and construction and real estate development. EGM scheduled for July 14, 2026 to seek shareholder approval for these changes.
Likely market impact
Major pivot from software to agritech and real estate. Shareholder approval needed at EGM on July 14. Name change signals a new business focus.