Lippi Systems Ltd (526604) — Board Meeting | 27 August 2026(5 announcements)

Lippi Systems Ltd announced a comprehensive management overhaul effective August 27, 2026, including the resignation of Managing Director Nandlal Agrawal and three directors following an open offer, alongside the appointment of new directors Vinesh Dholu and Jagdish Dholu as Managing Director and Additional Directors respectively. The company seeks shareholder approval to change its name to Nilkanth Resources Limited and amend its objects clause to focus on Integrated Bentonite and other minerals Mining & Processing, while reclassifying promoters to public status after share transfers totaling [amount not verified] at ₹56.84 per share.

Lippi Systems announced on August 27, 2026, that it will rename to Nilkanth Resources Limited and shift focus to integrated bentonite and mineral mining after board approval. New executive directors Vinesh and Jagdish Dholu join alongside independent directors Jaimish Patel and Shivji Dholu, while several directors and the prior auditor resigned. B K Patel & Co was appointed statutory auditor effective immediately, with a 5-year term for Mrs Rupal Patel as auditor. The changes reflect a strategic pivot toward mining and governance restructuring following promoter reclassification.

Lippi Systems Ltd announced the resignation of Chairman and Managing Director Nandlal Agrawal effective August 27, 2026, following an open offer completion, alongside multiple board changes including four new director appointments and reclassification of promoters to public status. The filing also disclosed a proposed name change to Neelkanth Resources Limited pending regulatory approvals and amendments to the Memorandum of Association for mineral mining operations.

Lippi Systems announced on August 27, 2026, a board meeting approved key changes including the resignation of statutory auditors, appointments of new directors like Mr. Vinesh Dholu, and a proposed name change to Nilkanth Resources Limited pending shareholder approval. The meeting also set the AGM for September 30, 2026, via video conference, and detailed related party transactions and committee reconstitutions.

Lippi Systems Ltd announced on August 27, 2026, a comprehensive restructuring including a name change to Nilkanth Resources Limited, amendment of its MOA to focus on bentonite and mineral mining and processing, reclassification of promoters to public category, and multiple director appointments and resignations. The registered office is shifting within Ahmedabad, with new appointments including Vinesh Dholu and Jagdish Dholu as additional directors, alongside the resignation of key personnel like Tirthraj Pandya. The filing also details related party transactions, loan approvals, and scheduling of the AGM for September 30, 2026 via video conferencing.