Pursuant to Reg.30 of SEBI (LODR), and any other applicable regulations of SEBI (LODR), 2015, please find attached herewith announcement pertaining to amendments to MOA of the company as ....
Awaiting price reaction for this filing.
Ace Engitech Ltd has expanded its business scope by adding 17 new sub-clauses (3 to 19) to the Object Clause of its MOA. Shareholders had already approved these changes via a special resolution through postal ballot on March 20, 2025, and the Registrar of Companies registered the amended MOA on April 30, 2025. The newly added activities span a wide range including IT services, infrastructure development, real estate, defense equipment manufacturing, mining of minerals, precious metals and jewellery trading, and e-commerce. As a result of the change in principal business activity, the company's CIN has changed from L72100RJ1991PLC006220 to L32111RJ1991PLC006220.
The amendment signals a major business diversification for the company into high-potential sectors like defense manufacturing, mining, and infrastructure. Shareholders should note that the new CIN reflects a shift in the company's core activity and that actual execution of these new businesses will need to be tracked separately. The broad scope of new objects could enable future fundraising or contract bidding in these sectors, but also raises questions about the company's strategic focus.