New object addition in the main object clause of MOA of the Company_As attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Lesha Industries approved an alteration to the company's Memorandum of Association to add a new object clause. The new clause permits the company to trade, buy, sell, import, export, invest, and deal in a wide range of commodities including precious and base metals, bullion, minerals, energy products, and soft and hard commodities, both in physical form and through derivative contracts. The change is subject to shareholder approval via postal ballot through e-voting. The board meeting was held on February 6, 2026, from 12:00 PM to 12:30 PM.
This expansion broadens the company's permissible business activities into commodity trading and derivatives, which could diversify revenue streams in the future but does not change current operations. It is a procedural corporate step requiring shareholder approval and signals strategic optionality rather than an immediate business impact.