Memorandum of Association Object Clause Alteration Registered by MCA
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On the reaction day the stock moved 4.8 pts less than Nifty Microcap 250 and 5.0 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ventura Textiles informed that the alteration in its Memorandum of Association relating to the object clause has been registered by the Ministry of Corporate Affairs on 12th October 2026. The change was approved by shareholders through a special resolution. The company is now in process to commence the new business activities covered under the altered objects. Specific details of the new business objects were not disclosed in this filing.
Gives the company legal ability to enter new business areas. Real impact depends on the nature of new objects, which are not disclosed here.