Rhetan TMT Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
RHETAN · price
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Awaiting price reaction for this filing.
Rhetan TMT Limited's Board of Directors, at a meeting held on February 12, 2026, approved an alteration to the company's Memorandum of Association to insert a new object clause. The new clause (III[A](5)) allows the company to carry on the business of trading, buying, selling, importing, exporting, investing in, arbitraging and hedging in commodities including precious and base metals, bullion, minerals, energy products, and soft and hard commodities. The activities can be carried out in physical form or through spot, forward, futures, options and other derivative or commodity-linked contracts, in India or abroad. This amendment is subject to approval from members through a postal ballot e-voting process. The disclosure has been made under SEBI LODR Regulations.
This signals a potential diversification of the company's business into commodity trading and derivatives, which could expand revenue streams but also introduces exposure to commodity market volatility. Shareholders will need to vote on this change, and the stock may see some movement based on market perception of the new business direction.