Oswal Greentech Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
OSWALGREEN · price
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Oswal Greentech Limited's Board of Directors met on August 29, 2025, and approved two key items. First, Mr. Umang Kaushik Shah, a Chartered Accountant with about 10 years of experience in taxation, audits, and regulatory advisory, has been appointed as an Additional Director (Non-executive & Independent) for an initial term of 5 years, subject to shareholder approval at the upcoming AGM. Second, the Board approved alterations to the existing Memorandum of Association (MOA) and Articles of Association (AOA) to align them with the Companies Act, 2013. The object clause has been bifurcated into main and ancillary objects, though principal business activities remain unchanged. Both changes are subject to shareholder approval at the 43rd AGM.
This is largely a regulatory housekeeping update with no direct impact on shareholders' financial interests. The director appointment adds a qualified CA to the board, and the MOA/AOA amendment simply modernizes the company's constitutional documents to comply with current law.