Clarification with respect to Board Meeting Outcome dated August 30, 2025.
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Awaiting price reaction for this filing.
Mardia Samyoung Capillary Tubes filed a revised version of its August 30, 2025 board meeting outcome, correcting a clerical error in the tenure of the newly appointed Secretarial Auditor, M/s SCS & Co. LLP (5-year term from FY2025-26 to FY2029-30). The original board meeting had approved the draft Directors' Report for FY ending March 2025, fixed the 33rd AGM for September 21, 2025 via video conferencing, and set the e-voting window for September 18–20, 2025. Major strategic decisions include shifting the registered office from Maharashtra to Gujarat and adding agriculture, farming, organic produce, pest control, and agri-equipment to the company's objects clause. The board also approved adopting a new set of Memorandum and Articles of Association under the Companies Act, 2013.
This signals a significant business pivot away from the core brass and copper tubes business toward agriculture and related activities, alongside a re-domiciliation to Gujarat — both subject to shareholder approval at the upcoming AGM. The clerical error is minor and procedural, with no material impact on operations or share price expected.