Nirbhay Colours India Limited has successfully completed its corporate name change process, officially becoming Craftroot Retail Limited with effect from December 17, 2025. The company received formal approval from the Ministry of Corporate Affairs through a Certificate of Incorporation pursuant to change of name issued on the same date.

Official Name Change Details

The transformation marks a significant corporate milestone for the company, which was originally incorporated as Parth Industries Limited before becoming Nirbhay Colours India Limited. The Ministry of Corporate Affairs, through its Central Processing Centre in Manesar, Haryana, issued the official certificate confirming the name change.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements for the name change process. The Certificate of Incorporation was approved by Mitika Raja from the Central Processing Centre and digitally signed by the Registrar of Companies under the Companies (Registration Offices and Fees) Rules, 2014.

As part of the name change process, the company's Memorandum and Articles of Association have been altered to reflect the new corporate identity. The registered office address remains unchanged at 61/201, 2nd Floor, Prerak Apartment, Near Wagh Bakri Tea Depot, Gujarat College Road, Ahmedabad-380006, Gujarat.

Stock Exchange Procedures

Craftroot Retail Limited has informed BSE Limited about the name change through proper regulatory channels under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company plans to file the final application with BSE Limited for updating stock exchange records and enabling equity share trading under the new name.

Legal Obligations and Stakeholder Impact

The certificate clarifies that the name change does not affect the rights and liabilities of stakeholders. However, the company must display its old name alongside the new name for a period of two years at all locations where it is required to display its corporate name, as mandated under Section 12 of the Companies Act.

Stakeholders are advised to verify the company's latest status and view public documents on the Ministry of Corporate Affairs website at www.mca.gov.in/MCA21 . The name change represents a strategic corporate decision while maintaining continuity in business operations and stakeholder relationships.

Nirbhay Colours has announced its unaudited financial results for the quarter ended June 30, 2025, showing a return to profitability compared to the previous quarter.

Financial Highlights

The company reported a profit of Rs 1.38 crore for the quarter, marking a significant improvement from the loss of Rs 0.35 crore in the previous quarter. However, this profit is lower than the Rs 2.40 crore reported in the same quarter last year.

Revenue and Expenses

For the quarter ended June 30, 2025, Nirbhay Colours reported:

• Total income of Rs 10.58 crore, showing a significant increase from Rs 40.01 crore in the previous quarter.
• Total expenses stood at Rs 9.20 crore, down from Rs 42.49 crore in the previous quarter.

Other Key Metrics

• The company's paid-up equity share capital remained unchanged at Rs 335 crore.
• Earnings per share (EPS) for the quarter stood at Rs 0.04, compared to Rs (0.01) in the previous quarter and Rs 0.07 in the same quarter last year.

Board Meeting Details

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 7, 2025. The board meeting commenced at 1:00 PM and concluded at 2:00 PM.

Auditor's Review

A.L. Thakkar & Co., Chartered Accountants, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial statements are not prepared in accordance with applicable accounting standards and generally accepted accounting principles in India.

Nirbhay Colours, formerly known as Parth Industries Limited, is listed on the BSE. The company's financial results are available on its website and the BSE website for investors and stakeholders to review.