Ecofinity Atomix Limited board approved the preferential allotment of 23.9 lakh equity warrants aggregating up to ₹2.39 crore on August 24, 2026.

The company plans to raise funds through this issuance under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The warrants carry a face value of ₹10 each and can be converted into one equity share within 18 months of allotment upon full payment.

Deal Structure

The issue price will be determined in accordance with Chapter V of the SEBI Issue of Capital and Disclosure Requirements Regulations, 2018. Shareholder approval is required via an Extra Ordinary General Meeting or Annual General Meeting.

Investor Participation

Eighteen investors participated in the preferential issue, comprising both promoter and non-promoter categories. Promoter Pradfullchandra Vitthalbhai Patel subscribed to 2,76,000 warrants, while Jashvantbhai Shankarlal Patel took up 1,83,000 warrants.

Among non-promoters, Patel Shvlal Kuberbhai emerged as the largest subscriber with 4,00,000 warrants. Other significant allocations included Dilipkumar Ramjibhai Patel (3,00,000 warrants) and Priyam Shah HUF (3,25,000 warrants).

What the Numbers Show

Promoter participation accounts for approximately 25% of the total warrant issuance, signaling insider confidence in the capital raise. The remaining 75% is distributed among 16 non-promoter entities, indicating broad investor interest beyond the promoter group.

Aryavan Enterprise Limited has rebranded as Ecofinity Atomix Limited , effective August 05, 2026. The name change follows approval from the Bombay Stock Exchange (BSE) received on August 03, 2026. This corporate action updates the company’s identity across all exchange platforms, with the new abbreviated name "Ecofinity" replacing the previous designation in trading systems. The move signals a strategic shift in branding for the Ahmedabad-based entity, which operates under CIN L52100GJ1993PLC018943.

The intimation was issued by Prafullchandra Patel, Managing Director of Ecofinity Atomix Limited, on August 04, 2026. In the communication to the BSE, Patel confirmed that the company had received the formal approval letter dated August 03, 2026. The notice serves to inform shareholders and members of the updated nomenclature, ensuring clarity for investors holding shares under the previous name. The registered office remains at 308, Shital Varsha Arcade, C G Road, Ahmedabad.

The Bombay Stock Exchange issued Notice No. 20260803-40 on August 03, 2026, confirming the revised implementation date. Initially, the change was scheduled for August 04, 2026, but the exchange adjusted the timeline to August 05, 2026, as per Exchange Notice No. 20260729-12. This adjustment ensures seamless transition for trading members and clearing participants using the BOLT Plus system.

Trading infrastructure updates are critical for maintaining market integrity during corporate actions. The BSE specified that the Scrip Code remains unchanged at 539455, but the Scrip ID for the BOLT Plus system will be updated to "ECOFINITY." Similarly, the abbreviated name on the BOLT Plus system will also reflect "ECOFINITY." These technical changes allow trading members to identify the stock correctly in their order management systems.

The exchange requested all trading members to take note of these changes to avoid any discrepancies in trade execution or settlement processes. The category of the notice is listed as "Company related" within the Equity segment, handled by the Listing Operations department. Marian Dsouza, Assistant Vice President of Listing Compliance and Operations at the BSE, signed the official notice.

Investors should update their records to reflect the new name and abbreviated ticker symbol. While the legal identity of the company transitions from Aryavan Enterprise Limited to Ecofinity Atomix Limited, the underlying securities remain the same. Shareholders do not need to take any action regarding their holdings, but they may observe the new name in their demat accounts and trading terminals from the effective date onward. The company’s contact emails, ecofinity2023@gmail.com and investor.deepti@gmail.com , remain active for investor queries.