Corporate Action26 Oct 2026, 12:12 pm
Gyftr Ltd: MOA Object Clause Altered Post-AGM Approval
AI Summary
Gyftr Ltd announced that its shareholders approved an alteration to the company's Memorandum of Association (MOA) by inserting a new clause (Clause 4 in Clause III A) at the Annual General Meeting held on September 29, 2026. This alteration, which has been registered with the Registrar of Companies, aims to expand the company's business operations by including activities related to software development, mobile and web applications, cloud-based solutions, SaaS, and related technology services. The Board of Directors had initially proposed this amendment on September 3, 2026, as part of a strategic vision to diversify and grow the business.
Key Highlights
- MOA object clause altered via Special Resolution at AGM.
- New clause allows for software, app, and cloud-based solution business.
- Alteration aims to diversify and expand company's strategic vision.
- Registrar of Companies has approved and registered the MOA amendment.
Price Impact
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