Pursuant to Reg 30 of LODR, the company has approved Special Resolution for Alteration and addition of Object no. 4 after Object No 3 under Clause III (A) of Main Object of the MOA of the company
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Awaiting price reaction for this filing.
Vaghani Techno-Build Limited (Scrip Code: 531676) has informed the BSE that its members approved five special resolutions through a Postal Ballot. These include adding a new Object No. 4 to the Main Objects clause of the company's Memorandum of Association (MOA), raising the overall borrowing limit under Section 180(1)(C) of the Companies Act, increasing powers under Section 180(1)(A) regarding assets and security creation, expanding limits for loans and investments under Section 186, and ratifying a variation in the objects of the company's earlier preferential issue of warrants. The filing was made on October 13, 2025 under SEBI LODR Regulation 30 disclosures. The Director and CFO, Parth Tulsibhai Patel, signed the disclosure.
For shareholders, this signals the company is preparing to raise additional borrowings and is broadening the scope of how it can deploy capital, including via warrant proceeds. A change in the stated objects of a prior preferential issue may affect earlier investor expectations, though no immediate effect on share price is implied.