Intimation of approval for Change of Company Name by Members Subject to approval of Concerned Authority
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Awaiting price reaction for this filing.
At the 14th Annual General Meeting held on September 30, 2025, shareholders approved changing the company's name from 'Veeram Securities Limited' to 'Viram Suvarn Limited.' The word 'Suvarn' means 'gold' in Hindi, hinting at a possible shift in business focus away from securities. The name change still needs approval from regulatory authorities (such as the Registrar of Companies/MCA) before it becomes official. Once approved, the company's Memorandum and Articles of Association will be updated to reflect the new name. The BSE scrip code (540252) remains unchanged for now.
The name change signals a likely repositioning of the company's business identity, possibly moving toward gold-related operations. Until regulatory approval comes through, the stock continues to trade under the existing name and scrip code, so there is no immediate effect on shareholding or trading.