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Change of Name by Listed Companies

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Full Text of the Document

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.... 2. The aforementioned SEBI circular dated April 30, 2004 required all listed companies seeking change of name to comply inter alia with the following provision: 2.2. At least 50% of its total revenue in the preceding 1 year period should have been accounted for by the new activity suggested by the new name. 3. It is observed from the representations received from few companies and feedback rec....

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Full Text of the Document

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.... aforesaid provision 2.2, the company shall submit auditor's certificate to the exchange. 5. All the Stock Exchanges are advised to:- 5.1. implement the above by making necessary amendments to the bye-laws and Listing Agreement, as applicable; 5.2. to bring the provisions of this circular to the notice of the listed companies and member brokers/ clearing members and also to put up the same on t....