Tavernier Resources Limited , a company listed on the Bombay Stock Exchange (BSE) under the scrip code 531190, has officially changed its name to Eforu Entertainment Limited. This significant corporate action marks a new chapter in the company's history and potentially signals a shift in its business focus.

Key Details of the Name Change

The Ministry of Corporate Affairs has approved the name change and issued a fresh certificate of incorporation dated October 27, 2025. Here are the essential details of this corporate action:

Historical Context and Compliance

It's worth noting that the company was originally incorporated as Dewan Industries Limited, making this its second name change. The certificate confirms that the company remains limited by shares, and the name change does not affect stakeholder rights and liabilities.

Compliance Requirements

As part of the name change process, Eforu Entertainment Limited is required to:

1. Display both old and new names for two years at all locations where the company name must be displayed.
2. This requirement ensures transparency and continuity for stakeholders during the transition period.

Corporate Communication

The company has duly informed the BSE Limited about this change under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was made on October 28, 2025, by Mokshaben Ravjibhai Patel, the Whole-Time Director of the company.

Updated Contact Information

For stakeholders and investors, the company's updated contact details are as follows:

While the name change is now official, stakeholders are advised to verify the latest status of the company and its directors on the Ministry of Corporate Affairs website at www.mca.gov.in/MCA21 .

This rebranding from Tavernier Resources to Eforu Entertainment could potentially indicate a strategic shift in the company's business focus or market positioning. Investors and stakeholders should keep an eye on future announcements from the company for any changes in business strategy or operations that may accompany this name change.

Tavernier Resources Limited has announced a strategic shift in its business focus, along with impressive financial results for the fiscal year 2024-25. The company is set to enter the film production and digital marketing sectors, marking a significant departure from its previous operations in jewelry and real estate.

Business Expansion and Restructuring

The Board of Directors has approved an alteration to the company's main object clause, subject to shareholder approval. This amendment will allow Tavernier Resources to engage in producing, directing, editing, distributing, and marketing films, documentaries, television shows, and web series. The company also plans to establish and manage film production houses and studios, as well as acquire and license intellectual property rights related to audio-visual content.

In line with this new direction, Tavernier Resources has already secured its first major client in the digital marketing space. The company has entered into an agreement with Jetech Consulting Inc, an international entity, to provide social media and other digital marketing services for a one-year period. The contract is valued at approximately Rs. 22.02 lakhs (USD $25,000) annually.

Financial Performance

For the fiscal year ended March 31, 2025, Tavernier Resources reported a significant turnaround in its financial performance:

Capital Structure and Future Plans

To support its new ventures, Tavernier Resources is planning to increase its authorized share capital from Rs. 7 crores to Rs. 8 crores, subject to shareholder approval. This will be divided into 80 lakh equity shares of Rs. 10 each.

Mokshaben Ravjibhai Patel, Whole-Time Director of Tavernier Resources, stated, "Our strategic pivot towards film production and digital marketing represents an exciting new chapter for Tavernier Resources. We are confident that these high-growth sectors will provide significant opportunities for the company and create value for our shareholders."

The company's transition to an asset-light model, focusing on outsourcing and flexibility, is expected to position it well in the competitive and fast-evolving digital content and marketing landscapes.

Tavernier Resources will hold its 31st Annual General Meeting on September 30, 2025, where shareholders will vote on these strategic changes and review the company's performance.

As Tavernier Resources embarks on this new journey, investors and industry observers will be keenly watching how the company leverages its resources and expertise to establish itself in the dynamic worlds of film production and digital marketing.