Outcome of the Board Meeting to consider and approve alteration in the Main Object Clause of Memorandum of Association of the Company and re-appointment of Mr. Akash Tak as a Non-Executive ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mehai Technology Limited's Board of Directors met on April 8, 2026 and approved two key matters. First, the company plans to significantly diversify its business by expanding the Memorandum of Association to include petroleum products trading and recycling, pharmaceutical products, grain processing and mills, renewable energy, and artificial teeth/dental prosthetics manufacturing. Second, the Board re-appointed Mr. Akash Tak as a Non-Executive Independent Director for a fresh 5-year term from January 21, 2026 to January 20, 2031. Both decisions are subject to shareholder approval via Postal Ballot. Mr. Akash Tak has over 10 years of IT experience and holds a PGDM and BCA degree.
The diversification into multiple new business segments represents a major strategic shift for the company away from its original IT services focus. Shareholders should note this is a significant expansion that will require their approval, though the new business areas are unrelated to the company's current operations.