The Board at its meeting Dt 12/08/2025 have approved the alteration of Object Clause of the MOA of the company subject to its approval by the shareholders at the ensuing AGM.
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The Board of Directors of Shri Keshav Cements and Infra Ltd (BSE Scrip Code: 530977), at its meeting on 12 August 2025, approved changes to the Object Clause of the company's Memorandum of Association, subject to shareholder approval at the next AGM. The new objects allow the company to deal in cement, clinker, ready-mix concrete, and other building materials. Significantly, the company is also adding green energy activities — solar, wind, hydro and tidal power, plus renewable fuels such as bio-CNG, biogas, biodiesel, renewable diesel and hydrogen. A third new object covers fuel retail, including petrol/diesel stations, EV charging stations, and trading of petroleum products, lubricants and allied goods.
This signals a clear strategic diversification beyond cement into renewable energy and fuel retail, which could widen the company's growth opportunities but depends on shareholder approval and successful execution. Watch for follow-up disclosures on capex plans and timelines.