Deals27 Sept 2025, 06:54 pm
Rajasthan Gases Ltd. Proposes Diversification into General Trading, Services, and Investment Activities
AI Summary
Rajasthan Gases Ltd. announced that its members approved a special resolution in the 32nd Annual General Meeting to change the company's object and diversify into general trading and services, as well as investment activities. The proposed amendments to the Memorandum of Association (MOA) include new main objects related to trading, investment, and general business activities. The amendments are subject to approval from the Ministry of Corporate Affairs, Stock Exchange(s), and other regulatory authorities.
Key Highlights
- Rajasthan Gases Ltd. proposes to change its object and diversify into general trading and services
- The company aims to act as distributors, dealers, stockists, and agents of goods of every description
- Rajasthan Gases Ltd. plans to acquire, hold, sell, buy or otherwise deal in various securities and engage in Futures and Options trading
- The proposed amendments are subject to necessary approvals from the Ministry of Corporate Affairs, Stock Exchange, and other regulatory authorities