Kundan Edifice Limited Approves Name Change to Visdem Technosys Limited; Announces Key Corporate Updates
Kundan Edifice Limited announced several significant corporate changes following the Board of Directors meeting held on April 13, 2026. The Board conducted the meeting at the company's registered office and also through VC/OAVM.During the meeting, the Board of Directors approved several key resolutions regarding the company's corporate structure and future operational logistics.
Corporate Name and Constitutional Alterations
The primary resolution approved by the Board was the change of the company's name. Kundan Edifice Limited approved altering its name from Kundan Edifice Limited to Visdem Technosys Limited. This change mandates the consequent alteration of the company's Memorandum of Association and Articles of Association.Operational Changes and Governance
The Board also approved the shifting of the company's registered office. The move is within the state of Maharashtra, relocating the registered office from the Jurisdiction of Registrar of Companies, Mumbai - II to the Jurisdiction of Registrar of Companies, Mumbai - I.In matters of corporate governance, the Board approved the appointment of Mr. Mukesh Saraswat, a Practicing Company Secretary. Mr. Saraswat has been appointed to scrutinize the process of remote e-voting and e-voting during the upcoming Extra-Ordinary General Meeting (EGM) to ensure a fair and transparent manner.
Upcoming General Meeting Details
Furthermore, the Board of Directors approved the notice for the Extra-Ordinary General Meeting (EGM). The EGM is scheduled to take place on May 13, 2026, at 4:00 P.M. The Board also approved the details concerning book closure, voting period, and the cut-off date required for e-voting at this meeting.The Board meeting commenced at 1:30 p.m. and concluded at 1:43 p.m.
Divyansh Mukesh Gupta, Managing Director, overseeing the corporate activities, managed the proceedings of the meeting.
KEL Stock Price Movement
As of 2:19 PM, shares of Kundan Edifice Limited are holding steady at ₹82.7 in live trading, reflecting a flat movement with zero percentage change. The equity maintains this equilibrium throughout the session as the market continues its afternoon trading hours.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.