India, March 31 -- As per Shadowfax's MCA filing, its board of directors, in an extraordinary general meeting (EGM) on March 6, approved the deletion of the word 'private' from its erstwhile name 'Shadowfax Private Technologies Limited'.

"The company is proposing to undertake an initial public offer of the equity shares of face value of INR 10 each of the company comprising of fresh issuance of equity shares by the company and an offer for sale of equity shares by certain existing shareholders of the company and together with the fresh issue, and list the equity shares on one or more of the stock exchanges," the filing said.

Besides, Shadowfax's board also approved increasing the startup's authorised share capital to INR 900 Cr from INR...