Corporate Governance15 Jul 2026, 11:32 am
Highway Infrastructure Ltd Amends Articles of Association
AI Summary
Highway Infrastructure Ltd announced an amendment to its Articles of Association (AOA) following member approval via postal ballot and remote e-voting. The key amendment introduces Article 154A, allowing members to voluntarily waive their right to receive dividends. This resolution was previously approved by the Board of Directors on June 06, 2026. The e-voting period concluded on July 13, 2026, with the special resolution deemed passed on that date. The company will announce the voting results upon receiving the Scrutinizer's Report. This change provides flexibility for shareholders regarding dividend entitlement.
Key Highlights
- Members approved amendment to Articles of Association via postal ballot.
- New Article 154A allows shareholders to waive dividend rights.
- Board of Directors had previously approved the resolution.
- Voting results to be announced post-Scrutinizer's Report.
- Amendment provides flexibility in dividend entitlement for members.
Price Impact
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