Regulation 45 of SEBI (LODR) Regulations, 2015: - Change in name of the listed entity.
· Conditions to be Followed:
a time period of at least one year has elapsed from the last name change;
at least fifty percent. of the total revenue in the preceding one year period has been accounted for by the new activity suggested by the new name; or
the amount invested in the new activity/project is atleast fifty percent. of the assets of the listed entity:
In case listed entity has changed its activities: if any listed entity has changed its activities which are not reflected in its name, it shall change its name in line with its activities within a period of six months from the change of activities in compliance of provisions as applicable to change of name prescribed under Companies Act, 2013.
Post satisfaction of above conditions,· , the listed entity shall file an application for name availability with ROC (Registrar).
Checklists
Documents Required to be Submitted to the Exchange :
Final Approval for Name Change:
Source:
· SEBI (LODR) Regulations, 2015
· NSE updates
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