StockWatch
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Auto Components & Equipments
Business Update13 Aug 2026, 04:53 pm

SAR Auto Products Ltd Board Approves MoA Clause Alteration

AI Summary

SAR Auto Products Limited announced that its Board of Directors, in a meeting held on August 13, 2026, has approved the alteration of the Main Object clause of its Memorandum of Association (MoA). This alteration involves adding new business activities related to precision engineering and automotive components for various sectors including defence and aerospace. The proposed changes are subject to the approval of the company's shareholders at the upcoming 39th Annual General Meeting (AGM). The Board also approved the revised notice for the 39th AGM, which will include this agenda item.

Key Highlights

  • Board approved alteration of Memorandum of Association (MoA) main object clause.
  • Addition includes precision engineering and automotive components.
  • Proposed changes require shareholder approval at the 39th AGM.
  • Revised notice for the 39th AGM was also approved by the Board.
  • The meeting was held on August 13, 2026.