The shares of MRO-TEK Realty Restricted had been buying and selling at ₹75.72 up by ₹1.93 or 2.62 per cent on the NSE in the present day at 10.45 am.
MRO-TEK Realty Restricted has formally modified its identify to Umiya Buildcon Restricted efficient February 18, 2025, following approval from the Registrar of Corporations, the corporate introduced yesterday, February 20, 2025.
The identify change is a part of a strategic shift to develop the corporate’s focus in the true property sector whereas sustaining its present networking product enterprise. The “UMIYA” model, which has established presence in infrastructure and actual property throughout cities together with Bangalore, Goa, and London, was chosen to boost market visibility and credibility.
Based on the corporate, the MRO-TEK model will proceed for use for networking and digital merchandise. The wholly-owned subsidiary, MRO-TEK Non-public Restricted, will stay central to the networking product enterprise operations.
“The brand new identify displays our rising emphasis on the true property sector,” the corporate acknowledged in its regulatory submitting. Aniruddha Mehta, Chairman and Managing Director, has been actively concerned in infrastructure and actual property enterprise underneath the “UMIYA” model for a few years.
