Veljan Denison Adopts New MOA/AOA Aligning Companies Act 2013

• Adoption of a new set of Memorandum of Association (MOA) in accordance with the provisions of the Companies Act, 2013, replacing the existing MOA based on the Companies Act, 1956.

• Adoption of a new set of Articles of Association (AOA) in accordance with the provisions of the Companies Act, 2013, replacing the existing AOA based on the Companies Act, 1956 which contains references to provisions no longer applicable.

• Alteration of Clause III(A) (Main Objects) of the MOA by insertion of Sub-Clause 5 to enable the company to undertake additional business activities incidental to its future business plans and facilitate expansion/diversification of business activities.

The proposed changes are intended to align the company's constitutional documents with the provisions of the Companies Act, 2013 and rules made thereunder. The amendments shall become effective upon approval by shareholders and filing of requisite e-forms with the Registrar of Companies, wherever applicable.

Approval Status

Board approved on 03.08.2026, subject to shareholder approval via special resolution

Effective Date

Upon shareholder approval and filing with Registrar of Companies