To consider & approve amendments to MOA & AOA of the Company pursuant to change of the name of the Company, subject to approval of the Members of the Company.
Awaiting price reaction for this filing.
Bijoy Hans Ltd's Board approved changing the company's name to 'Arvaya Healthcare Limited' to better reflect its business direction, subject to shareholder and regulatory approvals. The Board also approved a major increase in borrowing limits and investment/loan capacity to Rs. 200 Crores each, and a hike in authorised share capital from Rs. 60 Crores to Rs. 200 Crores (rising from 6 crore to 20 crore equity shares of Rs. 10 each). Key management changes include redesignating Mr. Salil Shetty as Executive Director and CEO from April 1, 2026, along with revisions to the remuneration of Managing Director Mr. Kaushal Shah and CFO Mr. Abhiram Ranganath. Additionally, the Board issued a non-binding Letter of Intent to GTT Data Solutions Limited to develop a technology platform for up to Rs. 5 Crore in cash or equity. A postal ballot process has been initiated to seek shareholder approval for all major proposals via special resolutions.
The proposed name change signals a strategic pivot towards the healthcare sector, which could affect brand perception and investor interest. The sharp rise in authorised share capital and borrowing limits points to potential fundraising or expansion plans, though these remain subject to shareholder approval through the postal ballot.