Laser Diamonds shareholders approve name change to Turner Industries

1 min read | Published on 11 Sept 2026, 03:03 PM |Updated on 11 Sept 2026, 03:03 PM

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Jubin VScanX News Team

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Key Highlights

Shareholders unanimously approved changing the company name from Laser Diamonds Limited to Turner Industries Limited
The resolution was passed via physical ballot with 15 members attending and 2,019,799 shares voted
Mr. Nikhil N Kumar was appointed as statutory auditor to fill a casual vacancy
The Registrar of Companies certified the name change on February 8, 2018

*this image is generated using AI for illustrative purposes only.

Laser Diamonds Limited shareholders approved the corporate name change to Turner Industries Limited at an Extraordinary General Meeting held on December 22, 2017. The special resolution received unanimous support from members present.

The company also appointed Mr. Nikhil N Kumar as statutory auditor to fill a casual vacancy caused by the resignation of M/s. Bharat Kumar N. Jain.

Voting Results

Fifteen members attended the meeting in person. No votes were cast via remote e-voting. All resolutions were passed with 100% of the valid votes cast.

Resolution	Type	Votes For (Shares)	Result
Name change	Special	2,019,799	Passed
Alter MOA name clause	Special	2,019,799	Passed
Alter AOA name clause	Special	2,019,799	Passed
Vesting of assets/liabilities	Special	2,019,799	Passed
Appointment of Statutory Auditor	Ordinary	2,019,799	Passed

Corporate Governance

The Registrar of Companies issued the Certificate of Incorporation for the name change on February 8, 2018. The company notified the Bombay Stock Exchange of the transition on February 14, 2018.

Mr. Nikhil N Kumar will hold the office of statutory auditor until the conclusion of the Annual General Meeting in 2018. He will conduct the statutory audit for FY18.