Outcome of Board meeting held on 06.02.2026_As attached
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The Board of Directors of Lesha Industries Ltd, at its meeting on February 6, 2026, approved adding a new sub-clause 8 to the Main Object Clause (III-A) of the company's Memorandum of Association. This amendment will allow the company to enter the business of trading, importing, exporting, hedging, and dealing in commodities such as metals, bullion, minerals, energy products, and agricultural goods, both in physical form and through derivatives and futures contracts. Since this requires shareholder approval, the company has initiated a postal ballot process, appointing Mr. Chintan K. Patel as the scrutinizer. The cut-off date for eligible shareholders is February 6, 2026, and e-voting will run from February 10 to March 11, 2026, with results expected by March 13, 2026.
This is a significant business diversification move for Lesha Industries, expanding its scope from its current operations into commodity trading and derivatives, which could open new revenue streams but also exposes the company to commodity market volatility. Shareholders will need to vote in favor via the postal ballot for the amendment to take effect, making their participation important.