In the financial year 2007-08, a Scheme of Arrangement between Tatia Global Venture Ltd. and Tatia Stocks & Options Limited came into effect on July 1, 2007. As per the arrangement, shareholders of Tatia Stocks & Options Ltd. were entitled to receive 6.6 fully paid equity shares of Rs 10/- each in Tatia Global Venture Ltd. for every 6 equity shares of Rs 10/- each held in the transferor company. Consequently, on February 5, 2008, the company's name was changed from Tatia Intimate Exports Limited to Tatia Global Venture Limited.