Kriti Industries (India) Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
KRITI · price
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Kriti Industries (India) Limited has amended its Memorandum of Association following approval at an Extraordinary General Meeting (EGM) held on 20th March 2026. A new Clause 31A has been inserted under the 'Objects Incidental or Ancillary to the Attainment of the Main Objects' section of the MOA. The new clause broadens the company's permitted business activities to include generation, production, transmission, and distribution of power from both conventional and non-conventional sources such as solar, wind, hydro, thermal, biomass, tidal, and hydrogen-based energy. The company has filed the certified copy of the altered MOA with both NSE and BSE on 23rd March 2026.
This amendment signals the company's intent to diversify into the power and renewable energy sector, which could open new revenue streams beyond its core plastics and PVC business. For shareholders, this represents a strategic expansion opportunity, though actual business execution and capital allocation will determine whether this translates into shareholder value.