Shree Tirupati Balajee Agro Trading Company Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
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Shree Tirupati Balajee Agro Trading Company has amended its Memorandum of Association and Articles of Association, with shareholders approving the changes through a special resolution at the 24th AGM held on September 26, 2025. The amendment adds a new sub-clause to the MOA's Object Clause permitting the company to set up facilities for generating electricity or power for its own (captive) use from both conventional sources (thermal, hydro, nuclear) and non-conventional sources (solar, wind, tidal, geo-thermal). A corresponding clause was also inserted in Article 92 of the Articles of Association to formalize that any electricity generated by the company will be used only for captive consumption. The company, which is primarily in agro trading, is expanding its permitted business activities into the energy/power generation space.
This is a structural change that broadens the company's permitted business scope to include captive power generation. For shareholders, it signals a move toward energy self-sufficiency, which could help reduce future power costs, though the company has not announced any specific project or investment size yet.