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Residential- Commercial Projects
Corporate Governance30 Jul 2026, 02:02 pm

Parshwanath Corp Adopts New MOA & AOA Aligned with Companies Act, 2013

AI Summary

Parshwanath Corporation Limited's Board of Directors has approved the adoption of a new Memorandum of Association (MOA) and Articles of Association (AOA). This change aims to align the company's constitutional documents with the provisions of the Companies Act, 2013. The adoption is subject to shareholder approval via a Special Resolution and other necessary regulatory clearances. The existing MOA and AOA were based on the Companies Act, 1956.

Key Highlights

  • Board approved new MOA and AOA.
  • Aligns documents with Companies Act, 2013.
  • Requires shareholder approval via Special Resolution.
  • Existing documents based on Companies Act, 1956.