Corporate Governance29 Sept 2026, 06:50 pm
Alan Scott Enterprises Approves Alteration of Articles of Association
AI Summary
Alan Scott Enterprises Limited announced that its members, at a meeting held on September 29, 2026, have approved the alteration of the company's Articles of Association (AOA). The existing AOA was based on the Companies Act, 1956, and contained references to its provisions. The approved new set of AOA is in conformity with the Companies Act, 2013, and Table F of Schedule I thereto, replacing the old articles entirely. This move aligns the company's governance documents with current statutory requirements.
Key Highlights
- Members approved alteration of Articles of Association.
- New AOA aligns with Companies Act, 2013.
- Existing AOA was based on the erstwhile Companies Act, 1956.
- The change replaces the old AOA with a new set.
Price Impact
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