Apcotex Industries Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
APCOTEXIND · price
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Apcotex Industries has informed the stock exchanges that its shareholders approved amendments to the company's Memorandum of Association (MOA) and adopted a new set of Articles of Association (AOA) at the 39th Annual General Meeting held on 26th June 2025 via video conferencing. The existing MOA and AOA were based on the old Companies Act, 1956, and the changes are being made solely to align them with the provisions of the current Companies Act, 2013. Importantly, the company has clarified that there is no change in its main objects as a result of this amendment. The updated MOA and AOA have been uploaded to the company's website.
This is a routine compliance housekeeping exercise with no change to the company's business activities or main objects. Shareholders and the stock price are unlikely to be materially affected as it is purely an alignment with current company law.