The Board has proposed to change the name of the Company as per the details annexed herewith.
Awaiting price reaction for this filing.
Omansh Enterprises Ltd (BSE: 538537) announced that its Board, at a meeting held on December 11, 2025, approved changing the company's name to 'Pipan Oils Limited', subject to approval from the Registrar of Companies and shareholders. The Board also approved altering the Object Clause of the Memorandum of Association to align with future strategic plans, and adopted a new set of Articles of Association under the Companies Act, 2013. Mr. Ajay Kumar Ray, an MBA with over 29 years of experience in petroleum operations, financial management, and corporate strategy, has been appointed as the new Chief Financial Officer with immediate effect. An Extra-Ordinary General Meeting (EGM) has been scheduled for January 12, 2026, to seek shareholder approval for these changes.
The proposed name change to 'Pipan Oils Limited', combined with the new CFO's deep petroleum industry background and the altered object clause, signals a likely strategic pivot into the oils/petroleum business. Shareholders should watch the EGM outcome on January 12, 2026, as this could mark a significant business direction change. Short-term stock movement may be limited until regulatory approvals are received and the new business strategy becomes clearer.