Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby submit the postal ballot notice for seeking Members'' approval for the alteration of the Object Clause of the MOA. ....
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Vivanza Biosciences Ltd has issued a postal ballot notice seeking shareholder approval to amend the Object Clause of its Memorandum of Association by inserting a new sub-clause 7 under Clause III(A). The new clause permits the company to manufacture, process, and trade in plastic polymer films (25 microns), plastic bags and sacks made from polyethylene (PE) and polypropylene (PP), paper bags for packaging, and other flexible packaging materials for food, chemicals, fertilizers, grains, and consumer goods. This represents a significant diversification away from the company's biosciences identity into the plastic and flexible packaging sector. The amendment requires approval via a Special Resolution. The cut-off date for e-voting eligibility is November 7, 2025, with remote e-voting open from November 17, 2025 (9:00 a.m.) to December 16, 2025 (5:00 p.m.), and results to be announced by December 18, 2025.
If approved, the company gains the legal ability to enter the plastic and flexible packaging business, opening a new revenue vertical beyond its existing biosciences operations. While this may unlock new growth opportunities, it also signals a strategic pivot away from the company's stated core focus, which shareholders should monitor for execution risk and capital allocation implications.