
Board Meeting29 Jul 2026, 05:40 pm
Force Motors Ltd to Alter Memorandum of Association Object Clause
AI Summary
Force Motors Ltd announced that its Board of Directors, in a meeting held on July 29, 2026, approved a proposal to alter the Object Clause of the company's Memorandum of Association (MoA). This alteration aims to make the clause more comprehensive, enabling the company to pursue new projects and activities that align with its current business. Additionally, the amendment will cater to requirements for power generation for captive use or external commercial supply. The proposal is subject to shareholder approval, with further details to be communicated in due course. The company will also make this information available on its website.
Key Highlights
- Board approved alteration in the Object Clause of MoA.
- Alteration aims to cover a wider range of new business activities.
- Amended clause will cater to power generation for captive or external use.
- Proposal requires shareholder approval.
- Details on seeking shareholder approval will be intimated later.
Price Impact
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