
Ad-Manum Finance Board Approves MOA Amendments
Ad-Manum Finance Ltd's Board of Directors, in a meeting held on July 24, 2026, has approved significant amendments to the company's Memorandum of Association (MOA). These changes include adopting a new MOA aligned with the Companies Act, 2013, altering the object clause to include services for safekeeping, custody, and management of assets, and deleting the 'Other Objects' clause. The amendments aim to expand the company's business scope and enable new operations. Shareholder approval will be sought at the upcoming Annual General Meeting.
Key Highlights
- Board approved amendments to Memorandum of Association (MOA).
- Changes align MOA with Companies Act, 2013.
- New object clause allows for asset safekeeping and management services.
- Shareholder approval required at the upcoming AGM.
- Amendments aim to expand business scope and operations.
Price Impact
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