StockWatch
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Industrial Products
Board Meeting27 Aug 2026, 11:00 pm

Lippi Systems Renames to Nilkanth Resources, Appoints New Directors

AI Summary

Lippi Systems Ltd announced a significant board meeting outcome including a name change to Nilkanth Resources Limited and an amendment to its Memorandum of Association to focus on integrated bentonite and mineral mining & processing. The company also appointed several new directors: Mr. Vinesh Dholu as Additional and Executive Director, Mr. Jagdish Dholu as Additional Director and Managing Director, Mr. Jaimish Patel as Additional Independent Director, and Mr. Shivji Dholu as Additional Non-Independent Director. These appointments and changes are subject to shareholder and regulatory approvals.

Key Highlights

  • Company to be renamed Nilkanth Resources Limited.
  • Business focus shifting to bentonite and mineral mining.
  • Multiple new directors appointed to the board.
  • Changes are subject to shareholder and regulatory approvals.