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AGM/EGM6 Aug 2026, 07:21 pm

Rotographics India Approves Share Capital Increase, Stock Split, and Name Change to Novalum Materials

AI Summary

Rotographics (India) Ltd announced key resolutions passed at its Annual General Meeting held on August 6, 2026. The shareholders approved a significant increase in the authorized share capital to ₹40 crore, a sub-division (split) of equity shares, and a consequential change in the company's name from "ROTOGRAPHICS (INDIA) LIMITED" to "NOVALUM MATERIALS LIMITED". These changes also involve amendments to the Memorandum of Association and Articles of Association. The authorized share capital will be ₹40,00,00,000 divided into 4,00,00,000 equity shares of ₹10 each, which will then be split into 20,00,00,000 equity shares of ₹2 each. The name change is effective immediately upon these approvals.

Key Highlights

  • Authorized share capital increased to ₹40 crore.
  • Equity shares to undergo sub-division (split).
  • Company name to change to Novalum Materials Limited.
  • AGM approved amendments to MOA and AOA.
  • Rebranding signals a potential strategic shift.