Following the cancellation of its NBFC registration by the RBI, the company's Committee of Directors has approved key strategic changes. It proposes to change the company name to "E&E Enterprises Limited" and alter its core business objectives. The revised objectives will focus on investing in non-financial assets, trading activities, and real estate, moving away from financial services. An ExtraOrdinary General Meeting will be convened for shareholders to approve these proposed changes, aligning the company's operations with its new direction post-NBFC status.
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