Bannari Amman Sugars to Alter Memorandum of Association Object Clause

Bannari Amman Sugars Ltd announced that its Board of Directors has approved a proposal to alter the Object Clause of its Memorandum of Association. This alteration aims to harmonize the existing clause, framed under the Companies Act, 1956, with the provisions and terminology of the Companies Act, 2013. The move also seeks to refine and rationalize the company's existing objects to better reflect its current business activities and operations. The proposed changes do not alter the general character or nature of the company's business. The alteration will be presented to the company's members for approval via a Special Resolution at the upcoming Annual General Meeting on September 23, 2026. The Board meeting where this was approved was held on August 14, 2026.