Amendment to the object clause of the Memorandum of Association of the Company.
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The company informed BSE that its members approved an amendment to the Object Clause of the Memorandum of Association via a Special Resolution at the 30th Annual General Meeting held on September 25, 2025. The amendment adds a new clause under the Main Objects to enable the company to undertake business in solid waste management and processing, including municipal and agricultural waste. The focus is on converting this waste into valuable resources, including energy generation through various modes and other related activities. The company will now file the necessary paperwork with the Registrar of Companies under the Companies Act, 2013. The intimation was signed by Managing Director Arvind Varchaswi N.
This marks a strategic diversification beyond the company's existing natural foods and herbal supplements business into waste management and clean energy. While it opens new growth avenues, investors should watch for execution updates and capital allocation plans related to this new business vertical.