Bharati Shipyard late Friday said it will change its name to Bharati Defence and Infrastructure Ltd, indicating the company's greater focus on defence business.
"The Board of Directors of the company at its meeting held on Jul 31 ... to change name of the company from Bharati Shipyard Ltd to Bharati Defence and Infrastructure Ltd," the company said in the releases to the exchanges.
The board has also decided to issue convertible warrants to the lender.
Friday, share prices of Bharati Shipyard closed at Rs 18.20, up 4.90% on the Mumbai Stock Exchange.
No comments:
Post a Comment