StockWatch
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Forest Products
Board Meeting5 Oct 2026, 02:00 pm

Indian Wood Products Approves MOA Amendment

AI Summary

The Indian Wood Products Company Ltd announced that its Board of Directors, in a meeting held on October 5, 2026, approved an amendment to the Object Clause of its Memorandum of Association (MOA). This amendment, which involves expanding the company's business scope to include iron ore, steel, and related manufacturing and trading activities, is subject to shareholder approval. The company will seek this approval through a postal ballot. M/s. M Shahnawaz & Associates has been appointed as the scrutinizer for the e-voting process.

Key Highlights

  • Board approved amendment to Memorandum of Association.
  • Shareholder approval to be sought via postal ballot.
  • New business scope includes iron ore and steel trading.
  • Company Secretary appointed as scrutinizer for e-voting.