Pratiksha Chemicals is undergoing a major business pivot, diversifying into IT, trading, precious metals, laminates, and agri-inputs.

To reflect this new direction, the company will rebrand as 'Vellora Impact Limited'. Key leadership changes include Mr. Sumit Harjibhai Gol's appointment as Managing Director for three years and three new board directors.

To fund these expansion plans, authorized share capital increased to Rs. 32 Cr, borrowing power to Rs. 200 Cr, and investment limits by an additional Rs. 200 Cr.

Further, it will raise ~Rs. 56.00 Cr through a preferential issue of warrants and equity shares for strategic initiatives and loan repayment.