StockWatch
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Commodity Chemicals
AGM/EGM24 Sept 2026, 09:57 pm

Shree Hari Chemicals Expands MOA to Include Cranes, Investments, Infrastructure

AI Summary

Shree Hari Chemicals Export Ltd announced at its Annual General Meeting held on September 24, 2026, that the company has approved alterations to its Memorandum of Association (MOA). The changes incorporate new sub-clauses into the main objects clause, significantly broadening the company's business scope. These additions include venturing into the business of dealing, manufacturing, and servicing of cranes, lifting equipment, and heavy machinery; engaging in investment activities related to shares, stocks, and securities; and undertaking the planning, development, construction, and management of various infrastructure projects. These strategic expansions aim to diversify the company's operations and explore new growth avenues.

Key Highlights

  • MOA altered at AGM to expand business scope.
  • New objects include machinery dealing and infrastructure projects.
  • Company will now engage in investment activities.
  • Diversification aims to explore new growth opportunities.