Kapil Raj Finance Ltd has approved a corporate rebranding to 'Henyo Systems Limited' and authorized an increase in share capital during its 40th Annual General Meeting. Shareholders also cleared appointments for statutory auditors, re-appointed the Managing Director, and greenlit a preferential share issue.
Kapil Raj Finance Rebrands to Henyo Systems
Kapil Raj Finance Ltd has officially moved to change its corporate identity to 'Henyo Systems Limited' following resolutions passed at its 40th Annual General Meeting held on October 21, 2026. The company also secured shareholder approval for an increase in authorized share capital and significant changes to its business object clause.
Reader Takeaway: Rebranding to Henyo Systems and expanded capital structure aim to support future operational diversification and fundraising.
What just happened
During the virtual AGM, shareholders voted on a suite of special business items. The board received approval to transition the company name from 'Kapil Raj Finance Limited' to 'Henyo Systems Limited' and amend the Memorandum of Association accordingly. Furthermore, the company authorized a preferential issue of equity shares, including considerations other than cash, to bolster its capital base.
Governance and leadership changes
Beyond the name change, the company finalized several leadership appointments. Mr. Amit Balkrishna Ghume was re-appointed as Managing Director. Additionally, the company regularized the appointments of Mr. Harit Anand as Whole-time Director, and Mr. Arun Kumar Pandey and Mr. Manoj Yadav as Non-executive Directors. M/s SG Jain & Associates was appointed as the new statutory auditor for a five-year tenure.
What changes now
The shift from a finance-centric title to 'Henyo Systems' suggests a strategic pivot in the company's business model. By altering the Object Clause of the Memorandum of Association and increasing authorized capital, the company is preparing for potential new business ventures or structural expansions that were previously outside its core financial operations.
Context
The management confirmed that the Statutory and Secretarial Auditor reports for the financial year ended March 31, 2026, were clean, with no qualifications, reservations, or adverse remarks noted. The results of the e-voting process conducted for these resolutions are expected to be filed separately.