Pankaj Polymers Ltd — Important, 24-07-2026: Company Update

The Board has approved a significant strategic pivot for Pankaj Polymers, proposing to change its name to 'Rupia Tech/Fin/Fintech Limited' and alter its business objectives for a focus on technology and fintech, including digital payments and e-commerce. To support this, the company plans a preferential issue of up to 8.55 lakh equity shares to non-promoters for approx ₹6.93 Cr and up to 22.20 lakh warrants convertible into shares to promoter group and non-promoters for approx ₹17.98 Cr, all at ₹81 each. M/s. Shilpi Sharma & Co. was appointed as new statutory auditors. These decisions, along with shifting the registered office to Delhi, require shareholder approval at an upcoming Extra-Ordinary General Meeting.