Alteration of the Object Clause of the Memorandum of Association by renumbering the exisiting Object clause III(A) as Clause III(A)(1) and inserting the new Clause III(A)(2) of the company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Ingredients Ltd's Board, at its meeting on June 4, 2026, approved several items including the 46th Annual General Meeting to be held on June 29, 2026 via video conferencing. The Board also approved related party transaction limits of up to Rs. 5 Crores with Apollo Ingredients India Private Limited for sale, purchase or supply of goods/materials. Most notably, the company altered its Object Clause by renumbering the existing III(A) as III(A)(1) and inserting a new Clause III(A)(2) that allows the company to venture into agricultural, horticultural, food processing, nutraceutical ingredients, plant-based ingredients, and allied agro-based businesses. A clarification was also issued that the registered office address update (adding 'Palghar' district) was purely an address correction and not a shifting of the registered office.
The expansion of the Object Clause signals Apollo Ingredients' strategic intent to diversify into agricultural produce trading and food/nutraceutical ingredient manufacturing, potentially opening new revenue streams for shareholders. The Rs. 5 crore related party transaction limit with Apollo Ingredients India Pvt Ltd is a routine operational approval and is unlikely to materially impact minority shareholders.