
Pankaj Polymers Ltd Board Approves Auditor Change, Preferential Issues, Name Change
Pankaj Polymers Ltd announced the outcome of its Board Meeting held on July 24, 2026. The board approved the appointment of M/s. Shilpi Sharma & Co. as Statutory Auditors to fill a casual vacancy. Additionally, the company received in-principle approval for a name change to 'Rupia Tech Limited' or similar, subject to regulatory and shareholder approvals. The board also approved preferential issuance of equity shares and warrants to non-promoter and promoter categories, respectively, at ₹81 per share/warrant. Furthermore, the object clause of the Memorandum of Association will be altered to align with proposed technology and fintech business expansions, and the registered office will shift from Telangana to the National Capital Territory of Delhi.
Key Highlights
- Board approved appointment of Shilpi Sharma & Co. as Statutory Auditors.
- In-principle approval for name change to Rupia Tech Limited or similar.
- Approval for preferential issuance of equity shares and warrants.
- Proposed shift of registered office to NCT of Delhi.
- Alteration of MOA to align with technology and fintech business.
Price Impact
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