Oswal Agro Mills Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
OSWALAGRO · price
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Oswal Agro Mills Limited informed the exchanges that shareholders at the 45th Annual General Meeting held on September 25, 2025 approved the adoption of new MOA and AOA to align them with the Companies Act, 2013. The old MOA and AOA were based on the erstwhile Companies Act, 1956 and needed updating. The object clause of the MOA was restructured into main and ancillary objects, though there is no change in the company's main objects. A new sub-clause 95 was added allowing the company to trade, invest, deal in, arbitrage, and hedge in shares, bonds, debentures, government securities, equity and commodity derivatives, and other financial instruments. The AOA was also streamlined to remove duplication with the Companies Act.
This is a routine regulatory housekeeping exercise with no direct impact on shareholders or stock price. The new sub-clause 95 broadens the company's permitted business activities to include trading and investment in financial instruments, but there is no change in the main objects or any immediate operational shift announced.