Sah Polymers Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
AERONEU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sah Polymers Limited has amended its Memorandum of Association after shareholders approved the changes at an Extra-Ordinary General Meeting held on June 6, 2025. The company has added 11 new sub-clauses to its main objects, expanding its permitted business areas to include real estate and construction, data centres, warehousing and logistics, manufacturing of engineering equipment and compressors, and IT/AI-driven products and services. Separately, Clause V has been altered to raise the authorised share capital to Rs. 34 crore, divided into 3.4 crore equity shares of Rs. 10 each. The Ministry of Corporate Affairs approved the object clause alteration on June 30, 2025, and the company informed the stock exchanges on July 2, 2025.
This signals a major diversification away from the company's core polymer business into real estate, data centres, logistics, and AI/IT segments, which could reshape investor perception of the company. The increase in authorised share capital also leaves room for a future fundraising or stock split, though no specific capital raise has been announced here.