NewsRajasthan Tube Manufacturing Approves Name Change to NEOOH STREET and Director AppointmentsRajasthan Tube Manufacturing Approves Name Change to NEOOH STREET and Director Appointments
Rajasthan Tube Manufacturing Company Limited's board approved a name change to "NEOOH STREET" and business diversification into marketing, IT services, infrastructure, and import-export activities. The company appointed two additional directors - Mr. Mayur Mukul Ghule and Mr. Darpan Jayraj Kale, both MBA Finance graduates. An Extraordinary General Meeting is scheduled for February 10, 2026, to seek shareholder approval for these changes.
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Rajasthan tube manufacturing Company Limited has announced major corporate changes following its board meeting on January 13, 2026. The company plans to transform its business identity and operations through a comprehensive restructuring that includes a name change and business diversification.
Corporate Name Change and Business Expansion
The board has approved changing the company name to "NEOOH STREET," marking a significant shift from its traditional manufacturing identity. This change is subject to shareholder approval and regulatory clearances. Alongside the name change, the company plans to amend its Memorandum of Association to expand its business activities beyond manufacturing.
| Business Segment | Activities |
|---|---|
| Marketing | Advertising, branding, promotion, sales and allied activities |
| Information Technology | Software development, IT-enabled services, digital platforms, data processing |
| Infrastructure | Development, construction, operation, maintenance and allied activities |
| Manufacturing | Manufacture, processing, assembly and production of goods |
| Import-Export | Trading, importing and exporting of goods, products, commodities and services |
Board Appointments
The company has strengthened its leadership team by appointing two additional directors as executive and non-independent members:
| Director Details | Mr. Mayur Mukul Ghule | Mr. Darpan Jayraj Kale |
|---|---|---|
| DIN | 07638600 | 01688395 |
| Qualification | MBA in Finance | MBA in Finance |
| PAN Number | ALQPG3019C | AFGPK4124E |
| Shareholding | NIL | NIL |
| Appointment Date | January 13, 2026 | January 13, 2026 |
Both directors bring financial expertise to the board with their MBA qualifications in Finance. Neither director holds any shares in the company currently, and there are no disclosed relationships between the directors.
Shareholder Approval Process
The board has scheduled an Extraordinary General Meeting (EOGM) for February 10, 2026, to seek shareholder approval for all proposed changes. The meeting will address the name change, amendment to the Objects Clause of the Memorandum of Association, and ratification of the director appointments. Detailed information about the meeting venue, time, and formal notice will be communicated separately to shareholders.
Meeting Details
The board meeting was conducted on January 13, 2026, from 9:00 p.m. to 11:00 p.m. The decisions were formally communicated to BSE Limited on January 21, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates from its registered office in Jaipur, Rajasthan, and maintains its manufacturing facilities at the same location.
Historical Stock Returns for Rajasthan Tube Manufacturing
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.43% | +12.21% | -9.90% | -37.28% | -78.67% | +311.76% |
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