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Business Update12 Aug 2026, 06:00 pm

Prostarm Info Systems Ltd Amends Memorandum of Association

AI Summary

Prostarm Info Systems Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved amendments to the Object Clause of the Memorandum of Association (MOA). These changes, subject to member approval at the upcoming 19th Annual General Meeting, involve inserting a new sub-clause. This new clause expands the company's business scope to include a wide range of end-to-end system integration, IT infrastructure solutions, and digital technology services. The expanded scope covers areas like cloud, data center, cybersecurity, IoT, AI, ML, energy storage systems, and renewable energy integration, catering to various clients in India and abroad.

Key Highlights

  • Board approved amendments to MOA's Object Clause.
  • Expansion into digital technology, cloud, AI, and energy storage.
  • New services include system integration and managed services.
  • Subject to member approval at the upcoming AGM.
  • Aims to broaden service offerings for domestic and international clients.