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Veejay Lakshmi Engineering Works Rebrands Post-Merger with MUFG Financial Group
Team Finance Saathi
06/Jan/2025
What's covered under the Article:
- Veejay Lakshmi Engineering Works merges with MUFG Financial Group to strengthen global reach.
- The Registrar and Transfer Agent updates its name to MUFG Intime India Private Limited.
- Compliance with SEBI regulations ensures seamless transition and stakeholder communication.
Veejay Lakshmi Engineering Works Limited has announced a significant corporate milestone. Following its merger with Mitsubishi UFJ Financial Group (MUFG), the company has undergone a strategic rebranding. Effective December 31, 2024, Veejay Lakshmi Engineering Works Limited is now officially known as MUFG Intime India Private Limited, marking a new chapter in its corporate journey.
This rebranding aligns with the issuance of the Certificate of Incorporation Pursuant to Change of Name by the Registrar of Companies, Central Processing Centre. The updated corporate identity underscores the company's commitment to growth and its evolving partnership with MUFG Financial Group, a leading global financial institution.
Key Highlights of the Merger
- Registrar and Transfer Agent Updates: The company's Registrar and Transfer Agent (RTA) retains its role under the new name, now referred to as MUFG Intime India Private Limited. The registered office of the RTA is located at 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai.
- Compliance with SEBI Regulations: The transition adheres to the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency and seamless communication with stakeholders.
- Stakeholder Communication: All stakeholders have been duly informed of the changes, safeguarding their interests and maintaining corporate accountability.
Implications for Stakeholders
The merger emphasizes a strengthened global presence for the company and offers enhanced opportunities for stakeholders. It reflects a synergy of expertise, expanding the company’s operational capabilities and market reach under the MUFG Financial Group umbrella.