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Aar Shyam India Investment Company LtdOthers, 22-04-2025: AGM/EGM

22-04-2025 | 04:25 pm

Aar Shyam India Investment Company Limited has announced a board meeting on May 16, 2025, to discuss various key resolutions. The company plans to increase its authorized share capital from ₹3.5 crore to ₹75 crore by creating an additional ₹71.5 crore in equity shares. Alongside this, the company aims to alter its main object clause to include new business ventures in the FMCG and power sectors, reflecting a strategic shift towards diversification. Furthermore, the company intends to change its name to either "Zenopure Ventures Limited" or "Solvanta Industries Limited." Additionally, the decision to surrender its Non-Banking Financial Company (NBFC) license aligns with its revised operational focus. Investors may view these changes as a positive outlook, reflecting the company's ambition to reposition itself and explore new growth avenues while ceasing historical financial activities.

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