Kriti Nutrients Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
KRITINUT · price
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Kriti Nutrients Limited informed the exchanges that at its Extraordinary General Meeting held on 20th March 2026, members approved and adopted a new set of Articles of Association by inserting a new Article No. 92 after the existing Article No. 91. The newly inserted Article authorizes the Board of Directors to set up, purchase, acquire, and manage electricity generation plants and facilities, covering hydel, thermal, nuclear, gaseous, solar, wind, and other non-conventional energy sources. The electricity can be used for captive consumption or sold to external parties, as the Board deems fit. The change was approved as a Special Resolution and a certified copy of the altered AOA has been submitted to NSE and BSE under SEBI (LODR) Regulations. The full amended Articles document was also shared as part of the filing.
This amendment signals a clear diversification of Kriti Nutrients' business into the power and energy sector, beyond its existing core focus on nutrients and food products. For shareholders, it opens a potential new revenue stream in electricity generation (especially renewables like solar and wind), though execution risks remain since this is a new vertical for the company. The AOA amendment itself is a governance step; actual capex, project plans, and timelines would need to be tracked separately.