Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, in their ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Darjeeling Ropeway Company Limited met on 14th August 2025 and approved inserting 7 new clauses (Object No. 36 to 42) into the Main Object Clause of the company's Memorandum of Association, which would significantly expand the scope of its permitted business activities. The new objects cover aviation spare parts and services, solar energy systems, electronic components and devices, electric vehicles along with semiconductors and microchips, IT and software consultancy, agro and food products including beverages, and industrial/agricultural/construction machinery. This change is subject to approval from shareholders at the upcoming Annual General Meeting scheduled for 19th August 2025 through video conferencing. The move marks a sharp pivot away from the company's original ropeway business into multiple new sectors. The filing was signed by Managing Director Ashok Dilipkumar Jain.
This is a broad diversification announcement rather than a confirmed business entry — actual operations in these new sectors would require further regulatory approvals, capital, and execution capability. Investors should watch the AGM outcome on 19th August for shareholder approval and look for follow-up announcements on which of these new areas the company plans to actively pursue.