Himadri Speciality Chemical Ltd announced that its Board of Directors has approved amendments to the company’s Memorandum of Association (MOA). These changes, including the addition of new sub-clauses to the ‘Object’ clause and aligning the MOA with the Companies Act, 2013, are intended to enable the company to undertake new business activities. The proposed revisions will be put forth for member approval via postal ballot.
Board Approves Memorandum of Association Amendments
At a meeting held on September 18, 2026, the Board of Directors of Himadri Speciality Chemical Ltd (the “Company”) approved significant alterations to its Memorandum of Association (MOA). These amendments aim to facilitate the company’s expansion into new business activities.
Key Changes to MOA
The approved changes include the addition of new sub-clauses to the section detailing the ‘Objects to be pursued by the company on its incorporation’. Furthermore, the Board has adopted a revised set of MOA to align with the provisions of the Companies Act, 2013, and Schedule I thereof. This involves merging existing clauses and renumbering them without altering the company’s current objectives.
Next Steps for Approval
The proposed amendments to the MOA are subject to the approval of the Company’s Members, which will be sought through a postal ballot. The company will also require any necessary regulatory or statutory approvals. The meeting of the Board of Directors commenced at 7:25 p.m. (IST) and concluded at 7:45 p.m. (IST).
Information Dissemination
Details of the amendments to the Memorandum of Association are provided in ‘Annexure-I’. The company will also make this information available on its website at www.himadri.com.
Source: BSE
