
Rebranding1 Sept 2026, 01:06 pm
Lippi Systems to Rebrand as Nilkanth Resources Limited
AI Summary
Lippi Systems Ltd announced a significant corporate restructuring following a Board Meeting. Key decisions include changing the company's name to Nilkanth Resources Limited and altering the Memorandum of Association to focus on Integrated Bentonite and other minerals mining & processing. The board also approved the appointment of Mr. Vinesh Dholu as an Additional Director (Executive Non-Independent Director) and Executive Director, and Mr. Jagdish Dholu as an Additional Director (Executive Non-Independent Director) and Managing Director. These changes are subject to shareholder and regulatory approvals. The company is also addressing prior discrepancies in a corporate announcement.
Key Highlights
- Company name change to Nilkanth Resources Limited approved.
- Business focus shifting to minerals mining and processing.
- New executive directors appointed, including a Managing Director.
- Changes require shareholder and regulatory approvals.
- Company is clarifying previous corporate announcement discrepancies.
Price Impact
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