New Launch14 Aug 2025, 12:42 pm
Darjeeling Ropeway Company Ltd. to Expand Business Operations
AI Summary
Darjeeling Ropeway Company Ltd. has announced its plan to alter the Object Clause of its Memorandum of Association. The company's Board of Directors, in a meeting held on Thursday, 14th August 2025, approved the insertion of Object No. 36 to Object No. 42 in the Main Object Clause. The proposed changes will allow the company to expand its business activities and undertake various new operations, subject to the approval of shareholders at the Annual General Meeting scheduled on Tuesday, 19th August 2025. The new business activities include trading in aviation spare parts, manufacturing and dealing in solar energy systems, electronic components, electric vehicles, and agro and food products, among others.
Key Highlights
- Darjeeling Ropeway Company Ltd. plans to alter its Memorandum of Association to expand business operations
- The company's Board of Directors has approved the insertion of new Object Clauses (36 to 42) in the Main Object Clause
- The proposed changes will allow the company to undertake new business activities such as trading in aviation spare parts, manufacturing and dealing in solar energy systems, electronic components, electric vehicles, and agro and food products
- The alterations are subject to the approval of shareholders at the Annual General Meeting scheduled on 19th August 2025
- The new business activities are expected to diversify the company's operations and revenue streams