Shri Dinesh Mills Ltd to seek shareholder approval for MOA alteration

Shri Dinesh Mills Ltd's Board of Directors has approved seeking shareholder approval for alterations to the Memorandum of Association (MOA). This includes adding real estate and commodity trading to its business objectives and adopting a new MOA format as per the Companies Act, 2013. The company will also seek approval for the change of name of its wholly-owned subsidiary from Fernway Technologies Limited to Dinesh Felts Limited. Additionally, the board approved the disposal of equity shares in Stellent Chemicals Industries Limited to Dinesh Felts Limited and an inter-corporate loan of up to ₹40 crore to Dinesh Felts Limited.