ELCIDINBSEEL CID Investments LtdMediumNeutral
Announced Tue, 17 Mar · 16:55 IST

Please find the attached letter which informs that the Main Object clause of Memorandum of Association of the Material Subsidiaries has been altered and substituted with new clause. There ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

EL CID Investments Ltd has informed BSE that two of its material subsidiaries — Murahar Investments and Trading Company Limited and Suptaswar Investments and Trading Company Limited — have amended the Main Object clause (Clause III A.3) of their Memorandum of Association by passing a special resolution at a general meeting held on March 17, 2026. The revised clause broadens the subsidiaries' investment powers to include dealing in derivatives, debt instruments, book debts, claims, commercial papers, government/commercial securities, and other financial instruments of any company, bank, or local authority in India or abroad. The objects incidental or ancillary to the main objects remain unchanged. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

This is a routine governance filing that modestly widens the investment scope of two subsidiaries without changing the parent's operations, capital, or shareholding structure. It is likely a neutral event for shareholders with no direct impact on stock price.