The Board of Directors transacted the following businesses:
1. Alteration of Memorandum of Association Object Clause: Approved alteration of the Object Clause of the Memorandum of Association of the Company, subject to approval of the Members of the Company. The specific amendment involves insertion of new Clauses III(A)(9) under Main Objects, which authorizes the company to:
- Carry on business of financial, management, and business advisory and consultancy services in India or abroad
- Advise on finance, accounting, budgeting, financial management, business planning, capital structure, and financial restructuring
- Act as advisor to companies, promoters, and shareholders on mergers, acquisitions, expansion, investment planning, and sale or restructuring of businesses or shareholding
- Identify, introduce, and engage prospective investors, acquirers, strategic partners, or financiers
- Coordinate due diligence and assist in preparation of valuation reports, term sheets, and share purchase or subscription agreements
- Advise on transaction structure, pricing, and timing
- Arrange or structure sources of finance including working capital, term finance, project finance, private equity, debt syndication, and structured finance
- Charge and receive fees for such services on fixed, retainer, success, or percentage-of-deal-value basis, whether in cash, shares, or otherwise
2. Approval of AGM Notice: Approved the Notice for the 42nd Annual General Meeting of the Company. The Notice of 42nd Annual General Meeting and Annual Report for financial year 2025-26 will be submitted to the exchange after being sent to shareholders through email registered with Company/Depositories.
The Board Meeting commenced at 04:00 PM and concluded at 04:30 PM on August 17, 2026.