Board Meeting Details
The Board of Directors meeting was held on Wednesday, November 4, 2026. The meeting commenced at 7:00 PM and concluded at 8:45 PM IST.
Key Decisions Approved
1. Alteration of Main Object Clause of Memorandum of Association
The Board approved the alteration of the Main Object Clause of the company's Memorandum of Association by adding three new business objects:
Object 5: Logistics and supply-chain management business including transportation, freight forwarding, warehousing, storage, distribution, cargo handling, packaging, loading and unloading, courier and delivery services, inventory management, and other allied logistics services by various modes of transport. Additionally, business of renting, hiring, leasing, and providing various types of cranes, heavy equipment, and construction machinery with or without operators.
Object 6: Mining business including prospecting, exploring, surveying, developing, mining, extracting, excavating, quarrying, processing, crushing, screening, washing, grading, sorting, beneficiating, refining, storing, transporting, distributing, marketing, trading, importing, and exporting all kinds of minerals, ores, metals, rocks, stones, sand, gravel, aggregates and other mineral substances. Also includes acquisition and operation of mining leases, mineral concessions, and establishment of mining infrastructure.
Object 7: Trading business including buying, selling, purchasing, reselling, trading, distributing, supplying, marketing, importing, exporting, wholesaling, retailing of all kinds of goods, products, commodities, materials, articles, merchandise, equipment, machinery, tools, spare parts, raw materials, finished goods, and other movable property through physical or electronic modes.
2. Appointment of Scrutinizer for Postal Ballot
The Board appointed M/s Rekha Sejpal & Associates, Practicing Company Secretary, Ahmedabad as the Scrutinizer for the postal ballot process.
Approval Requirements and Next Steps
The alteration of the Memorandum of Association is subject to approval by the members of the company through a postal ballot. The Postal Ballot Notice calling for an Extra-Ordinary General Meeting will be made available in due course.