Meghmani Finechem Limited informs that the Board of Directors of the Company at its meeting held today i.e. 13th June 2023 considered the following matters:1. Subject to the approval of the Members of the Company through Postal Ballot and/or other Regulatory approvals including Stock Exchanges as may be required to:a. Change the Name of the Company to such Name as may be approved by the Ministry of Corporate Affairs.b. Reclassification of Status of Promoter Group Shareholders to Public Shareholders as per Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Attached extract from the minutes of the meeting of the Board of Directors.