Please find attached Outcome of Board Meeting held on 22nd January 2026.
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The Board of Directors of Desi Farms India Ltd (formerly SER Industries Ltd) met on 22 January 2026 and approved three key items: (1) adoption of an amended Memorandum of Association (MOA) to align with the Companies Act 2013, including revised Object and Liability clauses, subject to shareholder approval; (2) adoption of a brand-new set of Articles of Association (AOA) replacing the existing ones based on the old Companies Act 1956, subject to shareholder approval; and (3) shifting of the Corporate Office from Bengaluru, Karnataka to Pune, Maharashtra (Plot No 79, 501, 5th Floor, Lalwani House, Sakore Nagar, Viman Nagar, Pune - 411014). The Board noted that earlier meetings on 7 November 2025 had approved a change in Main Objects, a change in company name, and a Registered Office shift across states, while a meeting on 20 January 2026 had approved an increase in Authorised Share Capital. All MOA/AOA changes require shareholder approval before becoming effective.
These are largely housekeeping and compliance changes to bring the company's constitutional documents in line with the current Companies Act 2013, plus a corporate office relocation to Pune. None of these directly impact earnings or operations in the near term, but they form part of a broader restructuring that also includes a name change and likely an authorised capital increase, which shareholders will need to vote on.