Please find enclosed herewith the Outcome of the Board Meeting held on Wednesday, May 13, 2026, inter alia approving change in name of the Company, alteration and adoption of Memorandum ....
TAKE · price
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The Board of Take Solutions Ltd met on May 13, 2026 and approved several key corporate changes. First, the company proposes to change its name from 'Take Solutions Limited' to 'Take Limited', subject to shareholder and regulatory approvals. Second, M/s. A. Raghavendra Rao & Associates was appointed as the new statutory auditors to fill a casual vacancy. Third, the company adopted a new Memorandum of Association aligned with the Companies Act, 2013, merging Clause III(C) into Clause III(B). Most importantly, the Object Clause was expanded to enable business activities in healthcare technology, digital health solutions, diagnostics, pharmaceuticals, biotechnology, clinical research, and allied sectors. All these changes require shareholder approval through a postal ballot with e-voting from May 18 to June 16, 2026.
The name change suggests a brand refresh strategy, while the expansion of business objects into healthcare, biotech, and digital health indicates a strategic pivot that could broaden the company's revenue base and attract new investor interest in these high-growth sectors.