Ddev Plastiks Industries Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
DDEVPLSTIK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ddev Plastiks Industries Limited's Board of Directors met on May 25, 2026, and decided to amend the Object Clause of its Memorandum of Association. The key change involves adding Battery Energy Storage System (BESS) projects under the renewable energy sector, along with related allied and ancillary businesses. The company will also correspondingly amend its Articles of Association to align with procedural and governance requirements. This amendment is subject to approval by the company's members (shareholders). The filing is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This represents a significant strategic diversification for Ddev Plastiks from its core plastics business into the renewable energy sector, specifically battery energy storage. If shareholders approve, it could open new revenue streams and growth opportunities, potentially expanding the company's market appeal to investors interested in clean energy and ESG themes.