TBO Tek Limited has announced a name change for its wholly-owned subsidiary, formerly known as ‘Tek Travels DMCC’, to ‘Tek Travels FZCO’. This change aligns with new naming conventions mandated by the Dubai Multi Commodities Centre (DMCC) for registered entities. The alteration is purely a nomenclature update and does not impact the subsidiary’s legal standing or operational structure.
Subsidiary Name Update
TBO Tek Limited has officially informed stakeholders about a significant name change concerning one of its wholly-owned subsidiaries. The subsidiary, previously operating under the name ‘Tek Travels DMCC’, will now be known as ‘Tek Travels FZCO’. This rebranding initiative is a direct consequence of revised naming guidelines introduced by the Dubai Multi Commodities Centre (DMCC), which requires entities registered with them to adopt the ‘FZCO’ suffix.
No Impact on Legal Status
It is important to note that this change is strictly limited to the subsidiary’s name and suffix. The legal status, constitution, and overall operational framework of ‘Tek Travels FZCO’ remain entirely unaffected by this nomenclature update. The company has confirmed that this adjustment does not alter the subsidiary’s identity in any legal or operational capacity.
Disclosure Information
This disclosure is made in accordance with relevant regulations. Further details regarding this announcement are available on the company’s official website. Investors and interested parties can access this information at https://www.tbo.com/engagement/investors/#StockExchangeSubmission. This announcement serves for informational and record-keeping purposes.
Source: BSE
