Announced Thu, 1 Oct, 2026 · 18:37 IST
Shareholders approve diversification into dairy products business
Price
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Price reaction · full curve 14 horizons · vs prior close
-6.5%1-day move
₹15.80
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-6.5-5.8-5.8———————
Up moveDown movePending
AI summary
Pace E-Commerce Ventures shareholders approved a special resolution at the AGM on 29 September 2026 to alter the main object clause of the Memorandum of Association. The change adds dairy products manufacturing and trading, including milk, cheese, paneer, ghee, ice cream and related items, as a new business activity. This enables the company to diversify beyond its existing e-commerce operations. The board had first approved the change on 5 September 2026.
Likely market impact
Opens a new dairy business vertical, expanding revenue scope beyond e-commerce. Watch for execution plans and capital allocation.