Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, The board at their meeting held on 7th April, 2025 approved 1. alteration of Object clause of MOA subject to approval of Members, ....
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At a board meeting on April 7, 2025, Vaghani Techno-Build Limited approved the alteration of its main objects clause to add three new business areas: (1) construction and infrastructure development, (2) renewable energy including solar power, green hydrogen, biofuels, and waste-to-energy, and (3) pharmaceutical and chemical products covering allopathic, ayurvedic, herbal, and related healthcare lines. The board also approved shifting the registered office from Maharashtra to Gujarat, subject to member and Regional Director approval. A postal ballot notice for an EGM was approved to seek shareholder consent, and M/s Krishna Bhavsar & Associates was appointed as scrutinizer. The board meeting ran from 2:00 PM to 2:35 PM.
This represents a significant strategic diversification beyond the company's existing construction focus into high-potential green energy and pharma sectors, but it remains subject to shareholder approval via postal ballot. Stock may see speculative interest given the pivot into trending sectors, though execution risk and the need for member approval warrant caution.