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MoU15 Dec 2024, 08:28 pm

ID Info Business Services Ltd Alters MOA for Increased Authorized Share Capital and Expanded Objects Clause

AI Summary

ID Info Business Services Ltd has increased its authorized share capital from Rs. 1,50,00,000 to Rs. 25,00,00,000 and altered the objects clause of its Memorandum of Association. The alteration includes the addition of new sub-clauses that allow the company to organize, manage, promote, and conduct sports leagues, tournaments, and events across various sports disciplines. The company can also establish, operate, and manage sports academies, training centers, coaching facilities, and sports complexes. Furthermore, the company can engage in sports marketing, sponsorship, media rights, merchandise sales, and other commercial activities related to sports events, leagues, and tournaments.

Key Highlights

  • ID Info Business Services Ltd has increased its authorized share capital to Rs. 25,00,00,000 from Rs. 1,50,00,000.
  • The company has altered the objects clause of its Memorandum of Association.
  • The alteration allows the company to organize, manage, promote, and conduct sports leagues, tournaments, and events.
  • The company can establish, operate, and manage sports academies, training centers, coaching facilities, and sports complexes.
  • ID Info Business Services Ltd can engage in sports marketing, sponsorship, media rights, merchandise sales, and other commercial activities related to sports events, leagues, and tournaments.
IDINFO
Other Financial Services
ID Info Business Services Ltd

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