Corporate Governance25 May 2026, 10:11 pm
Ddev Plastiks to Amend Memorandum for BESS Projects
AI Summary
Ddev Plastiks Industries Ltd's Board of Directors, in a meeting held on May 25, 2026, considered amending the Memorandum and Articles of Association. The proposed amendments include incorporating activities related to Battery Energy Storage System (BESS) projects under the renewable energy sector into the Object Clause of the Memorandum of Association. Corresponding amendments will be made to the Articles of Association to align with the company’s governance framework and regulatory requirements. The changes are subject to member approval.
Key Highlights
- Ddev Plastiks plans to include BESS projects in its Memorandum of Association.
- Amendments aim to align with renewable energy sector activities.
- Changes are subject to member approval.
- Articles of Association will be updated for governance and regulatory compliance.
Price Impact
More from DDEVPLASTIK