Kriti Industries (India) Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
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Kriti Industries (India) Limited has submitted the amended Articles of Association to the stock exchanges after shareholders approved changes at an Extraordinary General Meeting held on 20th March 2026. The change involves inserting a new Article 92 after the existing Article 91, which empowers the Board of Directors to set up, acquire, or manage electricity generation plants and facilities. Under the new article, the company can generate, accumulate, distribute, supply, and sell electricity from various sources including hydel, thermal, nuclear, gaseous, solar, wind, and other non-conventional sources. The amendment also allows the company to use this power for captive consumption or for selling to external parties. The filing was signed on 23rd March 2026 by the Company Secretary & Compliance Officer.
This amendment signals a strategic diversification into the power and energy sector, particularly renewable energy (solar, wind). Shareholders should note that the company's original line of business (plastics/polymers, based on CIN L25206) is being formally expanded to include electricity generation and distribution, which could open new revenue streams but also involves entering a capital-intensive industry.