
Board Meeting16 Feb 2026, 05:57 pm
Sahara Maritime Ltd: Board Approves Changes in Designation, Object Clause, and Remuneration
AI Summary
The Board of Directors of Sahara Maritime Ltd approved several changes during their meeting on February 16, 2026. These changes include an amendment to the Main Object Clause of the Memorandum of Association, a revision in managerial remuneration for the Chairman and Managing Director, a revision in remuneration for the Executive Director, and a change in designation for a Non-Executive Director. The company also approved the convening of an Extra-Ordinary General Meeting (EGM) to seek approval from shareholders for these matters.
Key Highlights
- Amendment to the Main Object Clause of the Memorandum of Association
- Revision in managerial remuneration for the Chairman and Managing Director
- Revision in remuneration for the Executive Director
- Change in designation for a Non-Executive Director
- Convening of an Extra-Ordinary General Meeting (EGM)
Price Impact
More from SMARITIME