Mipco Seamless Rings Gujarat Ltd — Updates, 29-05-2025: Company Update

Mipco Seamless Rings (Gujarat) Limited has announced a board meeting approving key changes subject to shareholder approval. These include adopting a new Memorandum and Articles of Association aligned with the Companies Act, 2013, increasing the authorised share capital from Rs. 7 Cr to Rs. 25 Cr, and changing the company name to Mipco Limited. The company will also alter its business objectives to focus on power generation, transmission, trading, and related services including renewable energy, solar projects, pollution control, e-waste recycling, and sewage treatment. These moves signal a strategic shift towards the energy and environmental sectors.