India Steel Works Ltd — Important, 19-08-2025: Company Update

The company's shareholders have approved a significant change in its identity, renaming it from India Steel Works Limited to India Homes Limited. This signals a strategic shift in the company's business focus. Additionally, an amendment to the Articles of Association was approved. This clarifies that the company's existing rules for issuing new shares won't apply when converting debentures or loans into equity, streamlining future capital raises through debt-to-equity conversions and impacting how new shares related to such conversions are issued.