Board approves MoA alteration, 32nd AGM on Sep 26, MD re-appointment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board of AMBO Agritec on 17 Aug 2026 approved: (1) alteration of object clause of MoA to add new business areas including electronics, electrical goods, beverages, FMCG, franchise operations, contract manufacturing and real estate; (2) 32nd AGM on 26 Sep 2026; (3) re-appointment of Mr. Umesh Kumar Agarwal as Managing Director for 5 years from 25 Aug 2025 to 24 Aug 2030, subject to shareholder approval. Company also explained prior delay in disclosing the MD re-appointment as administrative oversight.
Major diversification proposed beyond biscuit and oil business into electronics, beverages, FMCG. MD re-appointed for 5 years. Needs shareholder approval.