ITL Industries Ltd Adopts New MOA and AOA

ITL Industries Ltd announced that its Board of Directors has approved the adoption of a new Memorandum of Association (MOA) and Articles of Association (AOA). This update is necessary to align the company's governing documents with the Companies Act, 2013. Key changes include restructuring of object clauses, clarification of liability, and a revised authorized share capital description. The adoption is subject to shareholder approval. The new MOA and AOA replace those based on the Companies Act, 1956, ensuring compliance and modernizing the company's structure.