Business Update5 Sept 2026, 04:50 pm
Vega Jewellers Alters MOA to Align with Jewellery Business
AI Summary
Vega Jewellers Limited (formerly PH Trading Limited) announced that its Board of Directors, in a meeting held on September 5th, 2026, approved the adoption of a new Memorandum of Association (MOA). This alteration is to bring the MOA in conformity with the Companies Act, 2013, and specifically to align its object clauses with the company's current name and business focus on jewellery. The changes involve deleting old object sub-clauses related to the erstwhile PH Trading Ltd. and adding new ones pertinent to the jewellery sector.
Key Highlights
- Board approved alteration of Memorandum of Association (MOA).
- MOA updated to align with current jewellery business focus.
- Changes reflect company's rebranding from PH Trading Ltd.
- Alterations comply with Companies Act, 2013 requirements.
Price Impact
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