Solarworld Energy appointed four new Independent Directors for five-year terms, subject to shareholder approval.
The Board approved alterations to the company's Memorandum of Association, deleting food product business clauses.
New MOA clauses will be inserted to cover provisions of Sections 179, 180, 185, and 186 of the Companies Act, 2013.
A postal ballot process will be conducted to seek shareholder approval for the director appointments and MOA changes.