H.M. Electro Mech Ltd Board Approves Dividend Waiver Article

H.M. Electro Mech Ltd's Board of Directors has approved an amendment to its Articles of Association to include a new clause allowing shareholders to waive their right to receive dividends. This change, subject to member approval at the upcoming Annual General Meeting, will be incorporated as a new clause after Article 80. The waiver, once accepted and acted upon by the company, will be irrevocable after the record date. This move provides flexibility for shareholders, including promoters, to forgo dividend entitlements.