Announced Mon, 22 Jun · 18:28 IST
Svam Software to rename as Svam Agritech; board approves MOA expansion into agri and construction
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Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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
Svam Software Limited's board, at a meeting on 22 June 2026, approved changing the company name to Svam Agritech Limited, subject to MCA approval. It also approved adding new clauses 7 to 9 to the main objects of the MOA to expand into agritech solutions, precision farming, agricultural production and trading, and construction and real estate development. An EGM is scheduled for 14 July 2026 for shareholder approval.
Likely market impact
Signals a major pivot from software to agritech, agriculture, and construction. Needs shareholder approval at EGM on 14 July. Sentiment may be mixed.