
Rotographics Board Approves Name Change to Novalum Materials
Rotographics (India) Ltd's Board of Directors has approved several significant proposals during a meeting held on July 10, 2026. Key decisions include shifting the registered office within the same city, approving loans/investments up to ₹100 crore, increasing borrowing limits to ₹100 crore, and a substantial increase in authorized share capital from ₹25 crore to ₹40 crore. The board also approved a sub-division of equity shares (₹10 to ₹2 face value), a strategic acquisition of up to 51% in Teneron Limited, and a material related party transaction with Teneron Limited up to ₹250 crore. Most notably, the company proposed changing its name to Novalum Materials Limited, subject to shareholder approval.
Key Highlights
- Board approves name change to Novalum Materials Limited.
- Approves strategic acquisition of up to 51% in Teneron Limited.
- Increases authorized share capital to ₹40 crore and approves share split.
- Approves loans/investments and borrowing limits up to ₹100 crore.
- Material related party transaction approved up to ₹250 crore.
Price Impact
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