Please find the attached disclosure for the amendments in Memorandum & Article of Association
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Patidar Buildcon Ltd held its Annual General Meeting on September 29, 2025, where shareholders approved six key items. The company adopted an amended Memorandum of Association and a new set of Articles of Association aligned with the Companies Act, 2013, replacing the old ones based on the 1956 Act. It appointed M/s. A. Shah & Associates as Secretarial Auditor for five consecutive years (FY 2025-26 to FY 2029-30). The object clause of the MOA was expanded to allow the company to establish and manage educational institutions including schools, colleges, and vocational training centers. Shareholders also approved the framework for material related party transactions under Section 188, and raised the limit for investments, loans, guarantees, and advances under Section 186 to Rs. 10 crores.
These are mostly housekeeping governance updates bringing old company documents in line with current law. The expanded object clause signals possible diversification into the education sector, while the higher Section 186 limit gives the company more flexibility to invest or lend up to Rs. 10 crores. For shareholders, the changes are routine but open the door to new business activities beyond construction.