AGM/EGM22 Sept 2026, 04:40 pm
Sal Automotive shareholders approve new MOA at 51st AGM
AI Summary
Sal Automotive Ltd shareholders, at their 51st Annual General Meeting (AGM) held on September 21, 2026, approved the adoption of a new Memorandum of Association (MOA). This decision was made to align the company's MOA with the latest provisions of the Companies Act, 2013. The new MOA is primarily based on Table A as set out under Schedule I to the Act, replacing the existing one. The AGM commenced at 3:00 P.M. and concluded at 04:00 P.M. (IST).
Key Highlights
- Shareholders approved a new MOA at the 51st AGM.
- New MOA aligns with Companies Act, 2013 provisions.
- The adoption replaces the company's existing Memorandum.
Price Impact
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