BSEViram Suvarn LtdLowNeutral
Announced Thu, 20 Nov · 16:49 IST

Board has approved the postal ballot notice for change in name of the company.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board of directors of Veeram Securities Limited (Scrip Code: 540252) met on November 20, 2025, and approved a postal ballot notice to be sent to shareholders and the stock exchange. The purpose of the postal ballot is to get shareholders' approval for changing the name of the company, along with consequent alterations to the Memorandum of Association and Articles of Association. The board meeting was short, running from 4:00 PM to 4:30 PM IST. The new name itself is not specified in this filing — it will be detailed in the postal ballot notice sent to shareholders.

Likely market impact

This is an administrative/corporate identity change with no direct impact on the company's business, financials, or shareholder value. Shareholders will need to vote via postal ballot, and once approved, the stock will trade under a new name on the BSE.