We are submitting intimation of amendment in the Main Object Clause of the Company at approved in the 37th Annual General meeting
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Jattashankar Industries Ltd has informed the stock exchange that shareholders approved an amendment to the Object Clause (Clause III-A) of its Memorandum of Association at the 37th Annual General Meeting held on 20th September 2025. The expanded object clause allows the company to engage in the purchase, sale, import, export, trading, and distribution of agriculture products, edible oils, food products, and commodities. It also permits setting up manufacturing and processing facilities, refineries, warehouses, silos, cold storages, and packaging units, along with wholesale and retail trade and brand development. Notably, the company's CIN (L17110MH1988PLC048451) places it in the textile sector, indicating this amendment represents a significant diversification beyond its traditional textile business.
This broadens the company's permitted business activities into agri-commodities, food processing, and allied infrastructure, opening new growth avenues but also signaling a major strategic shift away from its textile origins. Shareholders should watch for further announcements on actual business entry into these new verticals.