Shares of HIL Ltd surged nearly 5% after the company announced a change in its corporate identity to BirlaNu Limited. The Ministry of Corporate Affairs, Government of India, has approved the company’s application for a fresh certificate of incorporation, formalizing the rebranding. The change is effective from March 19, 2025.
In an official filing with the stock exchanges, the company confirmed that the new name, BirlaNu Limited, has been incorporated into its Memorandum and Articles of Association. The rebranding marks a strategic move by the company to align with its evolving business objectives and reinforce its market positioning.
The company has also updated its corporate identity in official records and regulatory filings. The rebranding does not impact the company’s existing business operations, which continue to span across pipes, construction chemicals, putty, roofs, walls, and floors.
Market analysts view this change as a significant development, signaling potential business transformation and expansion under the new brand identity. Investors responded positively to the announcement, leading to a sharp rise in the company’s stock price.
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