Corporate Governance23 Aug 2026, 04:00 pm
Gujarat Themis Biosyn Amends Articles of Association
AI Summary
Gujarat Themis Biosyn Limited announced that its shareholders have approved an amendment to the company's Articles of Association via a special resolution passed through postal ballot on August 22, 2026. The amendment involves deleting specific wording from Article 13(1) Clause (c) related to the determination of share prices by a registered valuer. The revised clause now permits transactions for cash or consideration other than cash without the requirement of a valuation report.
Key Highlights
- Shareholders approved amendment to Articles of Association.
- Amendment passed via special resolution through postal ballot.
- Article 13(1) Clause (c) has been modified.
- Deletion of requirement for registered valuer's report for share price determination.
- Allows transactions for cash or consideration other than cash.
Price Impact
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