Tamboli Capital Ltd rebrands as Tamboli Industries Ltd to reflect its core business identity

Tamboli Capital Limited, the holding Company of Tamboli Castings Limited, one of the most respected manufacturers of high-precision, fully-machined investment castings, announced the change in its name and brand identity to Tamboli Industries Limited, duly accepted by the Ministry of Corporate Affairs, Government of India through issue of a new Certificate of Incorporation pursuant to change of name. The change in name is effective from 12th September 2023 and the Company is in the process of filling the required documents in respect of the change of name to stock exchange separately.

COMMENTING ON THIS MILESTONE, MR. VAIBHAV B TAMBOLI, CHAIRMAN AND MANAGING DIRECTOR SAID: "This rebranding initiative marks a pivotal moment in the Company's history, aligning its name with its core business and strategic focus. Tamboli Industries Limited has evolved over the years from its origins as a special purpose vehicle into a well-recognized brand in the investment casting and high-precision component manufacturing domain. As such, it became imperative to update the Company's name to better reflect its identity and aspirations.

The legacy name, Tamboli Capital Limited, served us well during our initial stages. However, our journey has taken us far beyond those origins, and today, we are a recognized player in investment casting and precision component manufacturing. Our new name, Tamboli Industries Limited, is a more accurate representation of who we are, what we do, and our standing in both our industry and the capital markets.

With this new brand identity, Tamboli Industries Limited is charging towards its dream of becoming one of the best companies globally in the investment casting domain. The Company's dedication to innovation, quality, and customer satisfaction remains unwavering, and this rebranding signifies a renewed focus on delivering value to its clients and shareholders.

Tamboli Industries Limited will continue to provide its customers with the same exceptional products and services under the new name."

Shares of TAMBOLI CAPITAL LTD. was last trading in BSE at Rs. 146.50 as compared to the previous close of Rs. 153.10. The total number of shares traded during the day was 12849 in over 133 trades.

The stock hit an intraday high of Rs. 159.50 and intraday low of 145.00. The net turnover during the day was Rs. 1946353.00.

Source : Equity Bulls

Keywords

TAMBOLICAPITAL INE864J01012 NameChange TamboliIndustries