Kashyap Tele-Medicines' board has approved a significant strategic shift, proposing an alteration in the company's main business focus and its name.

These major alterations require shareholder endorsement via postal ballot.

Concurrently, the company is relocating its registered office.

In corporate governance news, three independent directors have stepped down.

The board also appointed new internal and secretarial auditors for compliance and oversight.

Investors should watch for further details on the new business direction and the shareholder vote on these key changes.