Description

BSE circular announcing the change in name of Bhakti Gems and Jewellery Ltd, notifying market participants of the updated company name effective from a specified date.

Summary

BSE has issued a circular notifying market participants about the change in name of Bhakti Gems and Jewellery Ltd. The circular informs trading members, investors, and other stakeholders of the updated company name and the effective date of the change.

Key Points

  • The company Bhakti Gems and Jewellery Ltd has undergone a change in its registered name.
  • BSE has formally notified all market participants of this name change.
  • The scrip listed on BSE will reflect the new company name from the effective date.
  • Trading symbol and/or scrip code may be updated to reflect the new name.

Regulatory Changes

  • The company’s name change has been approved and registered with the Registrar of Companies (RoC).
  • BSE is notifying the market in compliance with listing agreement obligations requiring disclosure of material changes including name changes.

Compliance Requirements

  • Trading members and depository participants should update their records to reflect the new company name.
  • Investors holding shares under the old name should be aware that their holdings remain valid; only the name changes.
  • All future references, contract notes, and communications should use the updated company name.

Important Dates

  • Circular Date: March 9, 2026
  • Effective date of name change: As specified in the circular (refer to PDF for exact date).

Impact Assessment

The name change is primarily administrative in nature and has low market impact. Existing shareholders are unaffected in terms of their holdings, rights, or entitlements. The change may require back-office system updates by brokers and depositories. Investors should update their records accordingly. No trading disruption is expected as a result of this name change.

Impact Justification

Company name change is an administrative/compliance action with minimal market impact; primarily informational for investors and market participants tracking the stock.