StockWatch
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Non Banking Financial Company (NBFC)
AGM/EGM30 Sept 2026, 08:30 pm

Purshottam Investofin Amends Memorandum of Association

AI Summary

Purshottam Investofin Ltd announced that its shareholders, through a special resolution passed at the 37th Annual General Meeting held on September 30, 2026, have approved an amendment to Clause III (A) 3 of the company's Memorandum of Association (MOA). This alteration modifies the object clause, which pertains to the company's business activities. The updated clause allows for purchasing/selling book debts, stress assets, and receivables, arranging financial facilities, and investing in Alternative Investment Funds (AIFs), as well as engaging in investment and trading of shares, derivatives, and other securities. This change is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Shareholders approved MOA amendment via special resolution.
  • Alteration affects Clause III (A) 3 of the Memorandum of Association.
  • New objects include trading in book debts and stress assets.
  • Company can now invest in AIFs and trade securities.
  • Amendment aligns with SEBI Listing Obligations and Disclosure Requirements.