Announced Wed, 24 Jun · 17:10 IST
Board approves business shift from oral care to textiles and real estate
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹393.95
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.3+0.5-3.5-2.3-4.8-6.1-13.7-21.1——
Up moveDown movePending
AI summary
Board approved changing the company's main business objects, adopting a new Memorandum of Association aligned with current law, and withdrawing the proposed name change to Brham Well-being & Lifestyle Corporation. New objects shift focus from oral and dental care to textiles, investment services, and real estate and infrastructure. All changes need shareholder approval.
Likely market impact
Major strategic pivot away from oral care business. New name also being considered. Pending shareholder vote.