AGM/EGM24 Sept 2026, 09:59 pm
Umiya Tubes Ltd to Rename to Kronmet or Somet Industries
AI Summary
Umiya Tubes Ltd announced an addendum to its AGM notice, revealing significant proposed changes. The Board of Directors approved a name change to either "KRONMET INDUSTRIES LIMITED" or "SOMET INDUSTRIES LIMITED", subject to regulatory approval. Additionally, the company plans to increase its authorized share capital to ₹80 Crores. These changes will be presented for shareholder approval at the upcoming 13th Annual General Meeting. The AGM schedule and other agenda items remain unchanged.
Key Highlights
- Company proposes name change to Kronmet or Somet Industries.
- Authorized share capital to be increased to ₹80 Crores.
- Changes require shareholder approval at the 13th AGM.
- AGM date and time remain unchanged.
- Addendum issued to the AGM notice to include new agenda items.
Price Impact
More from UMIYA