Affle 3i Limited announced that its shareholders have approved the alteration of the company’s Articles of Association (AOA) during the Annual General Meeting held on September 22, 2026. These changes, effective immediately, include modifications to Article 16(a) regarding offer timelines and the deletion of Article 59(c) concerning meeting conduct. The details of these alterations are provided in Annexure A.
Shareholder Approval for AOA Amendments
During its Annual General Meeting on September 22, 2026, Affle 3i Limited’s shareholders formally approved significant changes to the company’s Articles of Association (AOA). These amendments are effective immediately, marking a key governance update for the organization.
Key Alterations to Articles of Association
The approved alterations focus on two primary articles:
Article 16(a) Update
The first amendment modifies Article 16(a). The phrase “or such lesser number of days as may be prescribed” has been inserted. This change impacts the stipulations for making an offer, allowing for a potentially shorter notice period than the standard 15 days, provided it is prescribed. The offer timeline will now read: ‘the offer shall be made by notice specifying the number of shares offered and limiting a time not being less than 15 (fifteen) days or such lesser number of days as may be prescribed and not exceeding 30 (thirty) days from the date of the offer within which the offer, if not accepted, shall be deemed to have been declined.’
Article 59(c) Deletion
Secondly, Article 59(c), which previously prohibited conducting Board and Audit Committee meetings through video conferencing, has been deleted. Consequently, subsequent articles have been renumbered to reflect this deletion, simplifying meeting protocols.
These changes are submitted for the information and records of the relevant authorities.
Source: BSE
