Board Meeting24 Sept 2026, 09:59 pm
Umiya Tubes to change name to Kronmet Industries or Somet Industries
AI Summary
Umiya Tubes Ltd announced that its Board of Directors has approved a change in the company's name to either "KRONMET INDUSTRIES LIMITED" or "SOMET INDUSTRIES LIMITED", subject to regulatory approval. The Board also approved an increase in the authorized share capital to ₹80 Crores and a revised notice for the 13th Annual General Meeting (AGM). The AGM will proceed as scheduled on September 30, 2026, with the revised notice including additional agenda items for member approval. The company's registered office and contact details remain the same.
Key Highlights
- Company name change proposed to Kronmet Industries or Somet Industries.
- Authorized share capital increased to ₹80 Crores.
- Revised notice for the 13th Annual General Meeting issued.
- AGM scheduled for September 30, 2026, with no change in date or time.
- Additional agenda items to be presented at the AGM.
Price Impact
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