New Launch16 Oct 2025, 04:20 pm
Transchem Ltd. Approves New AoA, Amendments to MoA in EGM
AI Summary
Transchem Ltd. held an Extra-Ordinary General Meeting (EGM) on September 23, 2025, where the members approved the adoption of a new set of Articles of Association (AoA) and amendments to the Memorandum of Association (MoA). The new AoA is restructured and aligned with the Companies Act, 2013, Secretarial Standards, and other applicable laws. The amendments to the MoA include changes to the company's objects, such as engaging in broking in shares, commodities, and currencies, providing advisory and research services, leveraging technology, acting as a depository participant, and undertaking all related activities.
Key Highlights
- Adoption of new set of Articles of Association (AoA) in conformity with the Companies Act, 2013.
- Amendments to the Memorandum of Association (MoA) of the Company.
- Company's objects now include broking in shares, commodities, and currencies.
- Company to provide advisory, research, consultancy and procedural services.
- Company to leverage technology to enhance business operations and services.