New Launch25 Nov 2025, 05:21 pm
Darjeeling Ropeway Company Ltd. Approves New MOA and Alters Object Clause
AI Summary
Darjeeling Ropeway Company Ltd. announced the outcome of its Board Meeting held on 25th November 2025. The Board approved the adoption of a new Memorandum of Association (MOA) and alteration of the Object Clause. The new MOA will be submitted for approval in the ensuing General Meeting of the Company. The alteration in the Object Clause aims to expand the business activities of the Company, adding Clause No. 8 for undertaking the business of manufacturing, designing, developing, and service providing for a comprehensive range of defence equipment and sub-systems. The Company also decided to hold an Extra-Ordinary General Meeting on 18th December 2025 through Video Conferencing and Other Audio-Visual Means.
Key Highlights
- Approval of new Memorandum of Association (MOA)
- Alteration of Object Clause to expand business activities
- Addition of Clause No. 8 for manufacturing, designing, developing, and service providing for defence equipment and sub-systems
- Decision to hold an Extra-Ordinary General Meeting on 18th December 2025