
AGM/EGM1 Sept 2026, 06:10 pm
Indian Oil Approves Amendments to MoA & AoA at AGM
AI Summary
Indian Oil Corporation Ltd announced that its shareholders approved amendments to the Memorandum & Articles of Association (MoA & AoA) at the 67th Annual General Meeting held on August 31, 2026. The MoA's object clause has been bifurcated into 'Main Objects' and 'Ancillary Objects', with new business areas like Bio-refinery, Hydrogen & Ammonia, Specialty Chemicals, Critical Minerals, Energy Commodity Trading, Carbon Markets, Data Centers, and Yarns being added. The AoA has been updated to align with the Companies Act 2013 and current regulatory frameworks. The amended documents are available on the company's website.
Key Highlights
- Shareholders approved amendments to MoA and AoA at the AGM.
- New business areas include Bio-refinery, Hydrogen, Specialty Chemicals, and Critical Minerals.
- AoA updated to comply with Companies Act 2013 and regulations.
- Amended documents are accessible on the company's website.
Price Impact
More from IOC