Nirbhay Colours India Ltd — Updates, 08-07-2025: Company Update

Nirbhay Colours India Limited has announced a board meeting outcome where it approved proposing changes to its main business objectives and altering the name clause in the Memorandum of Association, subject to shareholder approval via postal ballot. The company plans to change its name to include "CRAFTROOT" or "CRAFT ROOT," pending regulatory approvals. A postal ballot notice will be drafted for obtaining shareholder consent, and CS Rupal Patel has been appointed as the scrutinizer for the e-voting process to ensure transparency. This signals a strategic pivot that may impact the company’s future direction and branding.