
Board Meeting8 Oct 2026, 04:09 pm
Prabhhans Industries Board Approves MOA Alteration, Office Shift
AI Summary
Prabhhans Industries Limited's Board of Directors convened on October 08, 2026, approving several key corporate actions. These include altering the Main Object Clause of the Memorandum of Association (MOA) and shifting the company's registered office from Telangana to Haryana. The board also withdrew a previous resolution to shift the office to Punjab. A notice for an Extra-Ordinary General Meeting (EGM) has been issued for October 30, 2026, to seek shareholder approval for these changes. The MOA alteration focuses on expanding business into product lifecycle management, particularly for batteries and energy storage systems, and related ancillary services.
Key Highlights
- Board approved alteration of Memorandum of Association.
- Registered office to be shifted from Telangana to Haryana.
- Previous resolution to shift office to Punjab withdrawn.
- EGM scheduled for October 30, 2026, for shareholder approval.
- New MOA objects include product lifecycle management for batteries.
Price Impact
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