Nova Iron & Steel MOA Amendment Approved by Board

Nova Iron & Steel Ltd announced that its Board of Directors, in a meeting held on September 28, 2026, has approved an amendment to the company's Memorandum of Association (MOA). This amendment, subject to shareholder approval at the 34th Annual General Meeting on October 30, 2026, involves adding a new sub-clause to Clause III(A). The new clause will empower the company to engage in the trading, buying, selling, and distribution of various ferrous and non-ferrous metals, iron and steel products, and allied materials. This strategic move aims to broaden the company's business scope within the metals and steel sector.