Redmax Footwears (formerly Viaan) approves IndusInd bank account closure

Redmax Footwears Limited, formerly known as Viaan Industries Ltd, announced that its Board of Directors, in a meeting held on May 1, 2026, approved the closure of an inactive legacy IndusInd Bank account. This decision was made because the account was not under the control of the present management following the company's acquisition under the Insolvency and Bankruptcy Code, 2016. The company also informed that its name officially changed from Viaan Industries Limited to Redmax Footwears Limited via a Ministry of Corporate Affairs letter dated May 5, 2025, and it is currently in the process of updating this change with the stock exchange.