AGM/EGM29 Aug 2026, 06:40 pm
Parshwanath Corp Adopts New MOA & AOA at AGM
AI Summary
Parshwanath Corporation Limited announced that its shareholders, at the Annual General Meeting held on August 29, 2026, approved and adopted a new Memorandum of Association (MOA) and Articles of Association (AOA). This change is intended to align the company's constitutional documents with the provisions of the Companies Act, 2013. The existing MOA and AOA were based on the Companies Act, 1956. The adoption was approved via a special resolution.
Key Highlights
- New MOA and AOA adopted by shareholders.
- Alignment with Companies Act, 2013 is the primary reason.
- Approval secured through a special resolution at the AGM.
- Existing documents were based on the Companies Act, 1956.
Price Impact
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