StockWatch
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Civil Construction
Corporate Action19 Sept 2026, 04:11 pm

Vikran Engineering Amends MOA & AOA, Expands Business Scope

AI Summary

Vikran Engineering Ltd's members approved significant alterations to its Memorandum of Association (MOA) and Articles of Association (AOA) at the 18th Annual General Meeting on September 11, 2026. The MOA's Objects Clause was expanded to include a broader range of infrastructure projects, such as power transmission, renewable energy, data centers, telecom, and water infrastructure, under various models like BOT, BOLT, BOOT, and HAM. Additionally, the company can now generate and deal in conventional and non-conventional energy resources. The AOA was amended to insert a clause allowing Debenture Trustees to appoint Nominee Directors on the Board.

Key Highlights

  • MOA Objects Clause expanded to include diverse infrastructure projects.
  • New business areas cover power, renewable energy, data centers, water.
  • AOA amended to allow Debenture Trustee Nominee Directors.
  • Changes approved at the 18th Annual General Meeting.