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Corporate Action10 Sept 2026, 08:44 am

EKI Energy Services Ltd: Board Approves MOA Object Clause Alteration

AI Summary

EKI Energy Services Limited's Board of Directors has approved a proposal to alter the company's Memorandum of Association (MOA). The alteration involves adding new sub-clauses to the main and ancillary object clauses. These new clauses expand the company's business scope to include trading in ferrous and non-ferrous metals and non-metals, acting as clearing and forwarding agents for these commodities, and engaging in recycling and reprocessing of metal scrap. Additionally, the company will now be able to venture into renewable energy production, trading of renewable energy products, and providing manpower and personnel services. These changes are subject to shareholder approval.

Key Highlights

  • Board approved alteration of MOA's object clause.
  • New clauses cover metal trading and recycling business.
  • Expansion into renewable energy and manpower services approved.
  • Changes are subject to shareholder approval.