Purity Flexpack Adopts New Memorandum of Association

Key Amendments to Memorandum of Association

The existing Memorandum of Association, which was framed under the Companies Act, 1956, has been altered with the following specific changes:

1. Clause III(A): The title is amended from "The Main objects of the Company to be pursued by the Company in its incorporation are:" to "The objects to be pursued by the Company on its incorporation are:". The existing sub-clauses numbered 1 to 6C remain unchanged.

2. Clause III(B): The title is amended from "Objects Incidental or Ancillary to the attainment of Main Objects are" to "Matters which are necessary for furtherance of the objects specified in Clause III (A) are:".

3. Clause III(C): The title "OTHER OBJECTS" is deleted. The existing sub-clauses numbered 1 to 5 under this clause are inserted into Clause III(B) as new serial numbers 41 to 45.

4. Clause IV: The existing clause "The Liability of the members is limited" is deleted and replaced with a new Clause IV: "The liability of the member(s) is limited and this liability is limited to the amount unpaid, if any, on the shares held by them".

Financial Impact

No financial impact is quantified or mentioned in the disclosure. The changes are legal and administrative in nature.