Eforu Entertainment Limited Issues Postal Ballot Notice for Name Change Ratification

2 min read     Updated on 11 Dec 2025, 06:49 PM
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Reviewed by
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AI Summary

Eforu Entertainment Limited (formerly Tavernier Resources Limited) has issued a postal ballot notice for shareholder ratification of its name change resolution. The e-voting period runs from December 13, 2025 to January 11, 2026. This ratification is required due to regulatory compliance under SEBI LODR Regulations, as the earlier resolution lacked the mandatory PCA certificate. BSE issued in-principle approval on October 14, 2025, and the revised PCA certificate confirms 100% revenue compliance from new activities.

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Eforu Entertainment Limited , formerly known as Tavernier Resources Limited, has issued a postal ballot notice seeking shareholder ratification of its earlier name change resolution. The company, listed on BSE under scrip code 531190, is conducting this exercise to ensure full compliance with SEBI regulations.

Postal Ballot Details

The company has issued a postal ballot notice to all shareholders for ratification of the name change resolution. The key details of the postal ballot process are:

Parameter: Details
Notice Date: December 11, 2025
Cut-off Date: December 05, 2025
E-voting Commencement: December 13, 2025 at 9:00 AM
E-voting End: January 11, 2026 at 5:00 PM
Result Declaration: Within 2 working days of voting conclusion

Regulatory Compliance Requirements

The postal ballot seeks ratification of the special resolution passed on September 19, 2025, approving the name change from Tavernier Resources Limited to Eforu Entertainment Limited. The ratification has become necessary due to regulatory compliance requirements under SEBI (LODR) Regulations, 2015.

Under Regulation 45 of SEBI LODR Regulations, a listed entity must obtain a certificate from a Practicing Chartered Accountant (PCA) confirming compliance with prescribed conditions for name change. While the earlier resolution was passed by shareholders, the required PCA certificate was inadvertently not attached to the explanatory statement.

BSE In-Principle Approval

BSE Limited issued an In-Principle Approval Letter on October 14, 2025, advising the company to re-submit the matter for shareholder ratification along with the requisite PCA certificate. The revised certificate has now been obtained and forms an integral part of the current postal ballot notice.

PCA Certificate Compliance

The revised PCA certificate confirms compliance with the following conditions under Regulation 45(1):

Condition: Compliance Status
Time Period: More than one year elapsed from last name change
Revenue Requirement: 100% revenue from new activity (₹27.23 lakhs)
Investment Condition: Not applicable as revenue condition met

Updated Corporate Information

The company's updated registered office details are:

Contact Type: Details
Registered Office: A37, Capital Commercial Centre, Near Sanyas Ashram, Opp Townhall, Ashram Road, Ahmedabad, Gujarat, 380009
Contact Number: +919558674210
Email: infoe4uindia@gmail.com
Website: www.tavernier.in
CIN: L59111GJ1994PLC170267

Scrutinizer Appointment

The Board of Directors has appointed Mr. Nayan Prafulbhai Pitroda, Proprietor of M/s. Pitroda Nayan Co. (Membership No. A58473, Certificate of Practice No. 23912), Company Secretary, as the Scrutinizer for the postal ballot process.

The postal ballot notice has been sent electronically to all shareholders whose email addresses are registered with the company, depositories, or registrar and transfer agents. Shareholders are advised to participate in the e-voting process to ratify the name change resolution and ensure regulatory compliance.

Historical Stock Returns for Eforu Entertainment

1 Day5 Days1 Month6 Months1 Year5 Years
+3.90%-6.58%-2.07%+63.66%+53.79%+1,105.48%

E4U Entertainment Secures USD 20,000 Deal with Bollywood Nights NYC for DJ Chetas Event

1 min read     Updated on 03 Dec 2025, 06:51 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Tavernier Resources has entered into a strategic agreement with Bollywood Nights NYC LLC to facilitate an engagement with DJ Chetas for an upcoming event. The deal is valued at approximately Rs. 18,04,005 (USD 20,000). This move marks a significant step in Tavernier Resources' entertainment sector operations, positioning the company as an intermediary between international event organizers and popular music artists. The company has informed BSE Limited about this development in compliance with SEBI regulations.

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Tavernier Resources , formerly known as E4U Entertainment Limited, has entered into a strategic agreement with Bollywood Nights NYC LLC, marking a significant step in its entertainment sector operations. The deal, valued at approximately Rs. 18,04,005 (USD 20,000), involves facilitating an engagement between Bollywood Nights NYC LLC and the renowned music artist DJ Chetas for an upcoming event.

Key Details of the Agreement

Aspect Details
Partner Bollywood Nights NYC LLC
Artist Involved DJ Chetas
Contract Value USD 20,000 (approx. Rs. 18,04,005)
Tavernier Resources' Role Facilitator for engagement between Bollywood Nights NYC and DJ Chetas

Business Implications

This agreement represents a notable business development opportunity for Tavernier Resources in the entertainment sector. By acting as an intermediary between international event organizers and popular music artists, the company is positioning itself as a key player in the global entertainment industry.

Regulatory Compliance

The company has duly informed the BSE Limited about this development, adhering to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors are kept informed about significant business activities.

About Tavernier Resources

Tavernier Resources, headquartered in Mumbai, Maharashtra, was formerly known as E4U Entertainment Limited. The company's strategic move to facilitate international entertainment events aligns with its focus on expanding its presence in the global entertainment market.

This agreement with Bollywood Nights NYC LLC for the DJ Chetas event showcases Tavernier Resources' ability to create valuable connections in the entertainment industry, potentially opening doors for future collaborations and revenue streams.

Historical Stock Returns for Eforu Entertainment

1 Day5 Days1 Month6 Months1 Year5 Years
+3.90%-6.58%-2.07%+63.66%+53.79%+1,105.48%

More News on Eforu Entertainment

1 Year Returns:+53.79%