
Rebranding27 Aug 2026, 10:40 pm
Lippi Systems Ltd to change name to Nilkanth Resources Ltd
AI Summary
Lippi Systems Ltd announced a significant board meeting outcome on August 27, 2026. The company plans to change its name to Nilkanth Resources Limited, subject to regulatory approvals. Additionally, the board approved a change in the Main Objects Clause of the Memorandum of Association to focus on Integrated Bentonite and other minerals Mining & Processing. Several key appointments were also made, including Mr. Vinesh Dholu and Mr. Jagdish Dholu as Executive Directors and Managing Director respectively, and Mr. Jaimish Patel and Mr. Shivji Dholu as Additional Directors. The adoption of an amended Memorandum of Association is also pending shareholder approval.
Key Highlights
- Company to change name to Nilkanth Resources Limited.
- New business focus on Bentonite and mineral mining & processing.
- Key management appointments including Executive Directors and MD.
- Amended MOA adoption subject to shareholder approval.
Price Impact
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