StockWatch
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Industrial Products
Rebranding27 Aug 2026, 10:20 pm

Lippi Systems to Rebrand as Nilkanth Resources Limited

AI Summary

Lippi Systems Ltd announced a significant corporate restructuring following a Board of Directors meeting. The company plans to change its name to Nilkanth Resources Limited, subject to regulatory approvals. Additionally, the company will amend its Memorandum of Association to focus on Integrated Bentonite and other minerals Mining & Processing. The board also approved the appointment of Mr. Vinesh Dholu as Additional Director and Executive Director, and Mr. Jagdish Dholu as Additional Director and Managing Director. Mr. Jaimish Patel was appointed as an Additional Director (Independent), and Mr. Shivji Dholu as Additional Director (Non-Independent). These appointments are subject to shareholder approval.

Key Highlights

  • Company to change name to Nilkanth Resources Limited.
  • New business focus on Bentonite and mineral mining & processing.
  • Key management appointments approved by the board.
  • Appointments are subject to shareholder and regulatory approvals.
  • Amended Memorandum of Association to be adopted.