StockWatch
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Software Products
Business Update22 Jun 2026, 06:42 pm

Svam Software to change name to Svam Agritech, alters MOA

AI Summary

Svam Software Ltd announced a significant alteration to its Memorandum of Association (MOA) and a proposed name change to Svam Agritech Limited. The board approved expanding the company's business activities to include Agritech solutions, digital farming, agricultural technology development, and related services. Additionally, the company will engage in the trading of seeds, fertilizers, pesticides, and other agricultural inputs. The MOA alteration also includes provisions for construction and real estate development. An Extra Ordinary General Meeting (EGM) is scheduled for July 14, 2026, to seek shareholder approval for these changes. The company also plans to change its name to Svam Agritech Limited, subject to regulatory approval.

Key Highlights

  • Company proposes name change to Svam Agritech Limited.
  • MOA altered to include Agritech and construction businesses.
  • Board approved expansion into digital farming and agri-inputs.
  • EGM scheduled for July 14, 2026, for shareholder approval.
  • Expansion aims to further company operations and beneficial activities.