Description
BSE notifies the change in name of Galaxy Cloud Kitchens Ltd, informing market participants of the updated company name effective from the notified date.
Summary
BSE has issued a circular notifying the change in the name of the company Galaxy Cloud Kitchens Ltd. The circular informs trading members, depository participants, and other market participants of the updated legal name of the company and the effective date of such change.
Key Points
- The company previously known under its registered name has formally changed its name to or from Galaxy Cloud Kitchens Ltd.
- BSE has communicated the name change to all relevant market participants.
- The change in name does not affect the scrip code or ISIN of the company’s listed securities.
- Trading members and depositories are advised to update their records accordingly.
Regulatory Changes
No regulatory changes are involved. This is a routine administrative notification pursuant to the company completing its name-change process under the Companies Act, including approval from the Registrar of Companies (RoC).
Compliance Requirements
- Trading members must update company name in their systems and client-facing platforms.
- Depositories and depository participants should reflect the new name against the relevant ISIN.
- No additional compliance action is required from investors; existing holdings remain unaffected.
Important Dates
- Circular Date: March 5, 2026
- Effective Date of Name Change: As specified in the circular (per RoC approval date).
Impact Assessment
The name change has minimal market impact. Existing shares, ISIN, and scrip code remain unchanged. Investors holding shares of the company are not required to take any action. The change is purely administrative and reflects the company’s updated legal identity.
Impact Justification
Name change circulars are routine administrative corporate actions with minimal market impact; they do not affect trading fundamentals or regulatory compliance broadly.