Fabino Enterprises Limited board of directors approved a proposal to change the company's name to Raavi Greenz Resources Limited. The move aligns with a strategic pivot toward green resources, biofuel production, and agro-based business activities.

The decision was taken during a board meeting held on October 12, 2026. The name change is subject to shareholder approval via a special resolution at an ensuing general meeting. It also requires regulatory approvals under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic shift in business objects

Concurrent with the name change, the board approved the alteration of Clause III (A) of the Memorandum of Association (MoA). This amendment enables the company to undertake new business activities in the renewable energy and agriculture sectors. The new main objects include:

• Production and marketing of biofuels such as ethanol and high-starch agro products.
• Trading and distribution of petroleum products, minerals, and their derivatives.
• Establishment and operation of refineries, pipelines, and plants for processing agro-based products.
• Manufacturing and trading of fuel ethanol, biodiesel, and related by-products.
• Processing of grains like broken rice, jowar, maize, and sugarcane for energy and chemical applications.

Regulatory compliance and next steps

The company stated that the proposed changes are designed to better reflect its future business focus. The alteration of the MoA and Articles of Association will be effective only upon receipt of a fresh Certificate of Incorporation from the Registrar of Companies. This follows the completion of statutory procedures mandated by Indian corporate law.

The board meeting commenced at 2:40 pm and concluded at 3:05 pm. Aditya Mahavir Jain, Managing Director, signed the disclosure filed with BSE Limited regarding the outcome of the meeting.

Fabino Enterprises Ltd disclosed the e-voting results and scrutinizer's report for its 15th Annual General Meeting held on September 29, 2026. All seven resolutions proposed during the meeting were passed with 100% of the valid votes cast in favor.

The meeting, conducted via Video Conferencing, focused on adopting the standalone and consolidated financial statements for FY26. The Statutory Auditors and Secretarial Auditor issued clean reports for the period, with no qualifications affecting the company's functioning. Eight members and six directors attended the virtual session, which commenced at 12:30 pm and concluded at 12:56 pm.

Voting outcome details

The scrutinizer's report confirmed that five members participated in remote e-voting, representing 15,11,200 shares. This constituted 71.96% of the total outstanding shares of 21,00,000. No votes were cast against any resolution, and there were no invalid votes recorded across promoter or public categories.

Corporate governance updates

The board recommended the re-appointment of M/s D G M S & Co., Chartered Accountants, as the Statutory Auditors. The meeting also addressed board composition changes, including the regularization of Mrs. Deepali Singla as a Non-executive Independent Director and the re-appointment of Mrs. Tesu Alakh to the same role.

Mr. Arihant Jain, who retired by rotation, was re-appointed as a director following his eligibility to offer himself for the position. The company noted that remote e-voting facilities were provided by National Securities Depository Limited (NSDL) from September 25, 2026, to September 28, 2026.

What the Numbers Show

The voting data reveals a high concentration of shareholder participation among promoters. Promoters and the promoter group held 11,96,200 shares and voted on all resolutions, accounting for approximately 79% of the total votes polled (15,11,200). Public non-institutional shareholders held 8,91,800 shares but only voted on 3,03,000 shares, representing a participation rate of 33.97% within that category. The unanimous support across all agenda items indicates strong alignment between management and the participating shareholder base.