The Swastik Safe Deposit and Investments Limited's 2nd Extra Ordinary General Meeting saw shareholders approve two key special resolutions.

The first allows for a change of the company's name and subsequent alterations to its Memorandum and Articles of Association.

The second resolution greenlights the adoption of a new object clause within the Memorandum of Association.

Both proposals passed with a 100% majority from the 2.04 lakh votes polled.

This signifies a clear mandate for a strategic shift in the company's operational focus and future business direction, important for investors.