Expansion21 Sept 2026, 06:00 pm
Steelman Telecom expands into solar energy business via MOA alteration
AI Summary
Steelman Telecom Ltd. announced that its members approved a Special Resolution via remote e-voting on September 19, 2026. This resolution alters the company's Memorandum of Association (MOA) by inserting a new ancillary object clause. The new clause expands the company's business scope to include designing, developing, constructing, operating, and dealing in solar energy and solar power projects, such as solar photovoltaic (PV) systems, solar thermal systems, rooftop solar plants, solar parks, and other renewable energy solutions. This move allows Steelman Telecom to formally engage in the renewable energy sector.
Key Highlights
- Members approved MOA alteration via e-voting on September 19, 2026.
- New ancillary object clause added to the Memorandum of Association.
- Company's business scope expands into solar energy projects.
- Includes design, construction, operation of solar power plants.
- Covers various renewable energy solutions and systems.
Price Impact
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