
Corporate Action2 Nov 2026, 04:13 pm
Melstar Information Technologies Changes Name to Melstarr Aerospaces
AI Summary
Melstar Information Technologies Limited announced a significant corporate action following a Board of Directors meeting held on November 2, 2026. The company proposed to change its name to Melstarr Aerospaces and Technologies Limited, subject to shareholder approval. This rebranding is accompanied by an alteration of the Memorandum of Association (MoA) to include business activities in the aviation and aerospace sectors, such as MRO, aircraft and drone manufacturing, aviation training, and airline operations. The company also appointed a practicing company secretary as a scrutinizer for a postal ballot process to approve these changes and set October 30, 2026, as the cut-off date for e-voting.
Key Highlights
- Company to change name to Melstarr Aerospaces and Technologies Limited.
- Board approved alteration of MoA to include aviation and aerospace business.
- Shareholder approval is required for name and MoA changes.
- A postal ballot process will be conducted for resolutions.
- A practicing company secretary appointed as scrutinizer for e-voting.
Price Impact
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