Shentracon Board Approves Name Change, Share Split, Office Shift

The Board of Directors of Shentracon Chemicals Ltd, at its meeting on July 28, 2026, approved several key corporate actions. These include the proposed change of the company's name to "Midaas Fashions Limited" and the shifting of its Registered Office from West Bengal to Maharashtra, both subject to shareholder and regulatory approvals. The Board also approved a sub-division of equity shares, splitting each ₹10 face value share into two shares of ₹5 each. Other approvals include the Annual Report for FY26, alteration of the Object Clause, restructuring of Preference Share Capital, and proposals for making loans and investments under Sections 185 and 186 of the Companies Act, 2013, up to an aggregate amount of ₹50 crore each, subject to member approval. The 33rd Annual General Meeting is scheduled for August 21, 2026.