Announced Sat, 30 Aug · 14:18 IST

Intimation under Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 to amend the object clause of the Memorandum of Associations of the Company.

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AI summary

The Board of Directors of Mayur Leather Products Ltd, at a meeting held on August 30, 2025, approved an alteration in Clause III (A) – the Main Object Clause of the company's Memorandum of Association. The change is aimed at broadening the scope of permissible business activities to support the company's diversification plans into new, potentially profitable areas. This amendment is subject to approval from shareholders at the upcoming 40th Annual General Meeting, for which a revised notice has been issued with an additional agenda item (Item No. 09). No specific new business areas or financial details were disclosed in this filing.

Likely market impact

This is a preliminary step toward diversification and does not immediately affect operations or financials. Shareholders should watch for further disclosures on the specific new business lines being considered and vote on the proposal at the AGM.