Board Meeting29 Aug 2026, 04:51 pm
Chemtech Industrial Valves Board Approves Investment Limit Hike
AI Summary
Chemtech Industrial Valves Limited's Board of Directors has approved an increase in the overall investment limits under Section 186 of the Companies Act, 2013, to ₹100 Crore. This move aims to facilitate business objectives and growth opportunities. Additionally, the Board approved an alteration to the Memorandum of Association (MOA) to include new objects related to the Steel, Thermal Power, and Renewable Energy sectors. The Annual General Meeting (AGM) has been scheduled for September 30, 2026, to be held via Video Conferencing.
Key Highlights
- Board approves increasing investment limits to ₹100 Crore.
- MOA alteration to target Steel, Thermal Power, and Renewable Energy sectors.
- AGM scheduled for September 30, 2026, via VC/OAVM.
- Board meeting held on August 29, 2026, concluded within 25 minutes.
Price Impact
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