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Garments & Apparels
Board Meeting24 Jun 2026, 05:20 pm

Virat Industries Ltd Board Approves MOA Alteration, Withdraws Name Change

AI Summary

Virat Industries Limited's Board of Directors, in a meeting held on June 24, 2026, approved the alteration of the Object Clause of its Memorandum of Association (MOA), subject to shareholder approval. The board also approved adopting a new MOA incorporating these changes and aligning with the Companies Act, 2013. Additionally, the company announced the withdrawal of its previously proposed name change to 'Brham Well-being & Lifestyle Corporation Limited'. This withdrawal is linked to the alteration of the MOA, and the company is now evaluating a new name to reflect its diversified business activities and strategic vision. The meeting commenced at 4:00 PM IST and concluded at 4:28 PM IST.

Key Highlights

  • Board approved alteration of MOA's Object Clause.
  • New MOA to be adopted, subject to shareholder approval.
  • Proposed name change to 'Brham Well-being & Lifestyle Corporation Limited' withdrawn.
  • Company is evaluating a new name to align with revised objects.
  • Shareholder approval is required for MOA changes.