The meeting commenced at 11:45 AM and concluded at 12:15 PM.

The Board considered and approved the following items:

1. Alteration in Object Clause of Memorandum of Association: The Board approved amendments to the Main Objects under the Objects Clause of the Memorandum of Association by inserting new clauses after existing Clause 6 of Clause III(A). The new business objects include:

  • Import, export, trading, distribution, and brokerage of all kinds of goods, commodities, and services including agricultural products, minerals, metals, chemicals, machinery, equipment, consumer goods, industrial products, and technology products
  • Engagement in agriculture, contract farming, organic farming, horticulture, floriculture, aquaculture, dairy farming, plantation, and cultivation of agricultural commodities
  • Processing, preservation, packaging, transportation, marketing, and trading of agricultural produce and agri-based products
  • Trading, dealing, investing, hedging, or participating in commodities, commodity derivatives, and agricultural commodities through physical markets, commodity exchanges, or electronic trading platforms
  • Manufacturing, assembly, processing, fabrication, refining, production, import, export, or dealing in any products, goods, equipment, machinery, articles, or materials
  • Establishment, development, management, or operation of digital platforms, technology platforms, e-commerce platforms, digital marketplaces, software applications, online portals, data platforms, fintech platforms, and provision of digital marketing, online advertising, technology solutions, and IT services
  • Establishment, acquisition, operation, or management of media houses, television channels, news agencies, digital media platforms, online news portals, content production houses, broadcasting services, advertising services, and communication platforms
  • Investment, acquisition, subscription, holding, trading, or dealing in shares, stocks, debentures, bonds, securities, derivatives, commodities, mutual funds, units, and other financial instruments of companies or entities in India or abroad
  • Provision of portfolio management services, investment advisory services, research services, asset management, wealth management, and acting as brokers, sub-brokers, or intermediaries in securities and commodity markets (subject to regulatory approvals)
  • Promotion, formation, incorporation, investment in, collaboration with, or participation in joint ventures, partnerships, companies, or other entities engaged in any business activities
  • Establishment, development, operation, or management of warehouses, logistics facilities, cold storages, supply chain systems, transportation networks, and infrastructure for storage, handling, and distribution of goods and commodities

2. Postal Ballot Process: The Board approved the Notice of Postal Ballot to be sent to shareholders of the Company and appointed M/s. Rohit Bhatia & Associates, Practicing Company Secretaries, to act as Scrutinizer for conducting the e-voting process in a fair and transparent manner.

The disclosure is made in compliance with Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The document was digitally signed by Hemant Kumar Shantilal Mehta, Director (DIN: 05303980).