Lippi Systems Ltd

🔄 Lippi Systems to rebrand as Neelkanth Resources; new MD & majority stake transferred

- Name changed to Neelkanth Resources Limited (subject to approvals)

- Main objects include mining, processing, trading of bentonite and other minerals

- Mr. Jagdish Dholu appointed MD for five years w.e.f. 27 August 2026

- Transfer of 34,82,862 shares at ₹56.84 each; acquirers now hold 50.99%

- Mr. Vinesh Dholu appointed Additional Director (Executive Non-Independent)

- Mr. Jaimish Patel appointed Non-Executive Independent Director for 3 years

- Mr. Nandlal Jaigopal Agrawal resigned as Director and Managing Director

- Borrowing limit under sections 185, 186 approved up to Rs.100 Crores

- Reclassification of 10 promoter/promoter group entities to public category (subject to approvals)

- Statutory auditors changed to M/s. BK Patel & Co (from Ashok Dhariwal & Co)