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Gujarat Inject Kerala Ltd's Board of Directors, at its meeting on September 8, 2025 (9:00 PM to 9:10 PM IST), approved amending the Memorandum of Association (MOA) and Articles of Association (AOA), subject to shareholder approval. The existing Object Clause is being replaced with a vastly expanded set of new main objects covering generation, transmission, distribution, trading, and supply of electricity from renewable and non-conventional sources (solar, wind, hydro, geothermal, tidal, biomass, biogas, hydrogen, waste-to-energy). The new objects also include manufacturing of solar PV components, wind turbines, smart meters, IoT devices, energy storage systems (lithium-ion, flow batteries, BESS), electric vehicles and EV infrastructure, green hydrogen, biofuels, carbon credit and REC trading, and power exchanges. Additionally, the company plans to offer consultancy, EPC, O&M, and asset management services in these sectors. The change requires approval of members through a special resolution and the Registrar of Companies. If any public issue funds remain unutilized, dissenting shareholders may be given exit opportunities.
This represents a major strategic pivot for the company into the high-growth renewable energy, clean tech, and EV sectors, which could significantly reshape its business profile going forward — though execution remains subject to shareholder and regulatory approvals.