AGM/EGM29 Sept 2026, 10:30 pm
Winsome Yarns Ltd Expands Business Scope via MOA Alteration
AI Summary
Winsome Yarns Ltd announced that its shareholders, at the 36th Annual General Meeting held on September 28, 2026, approved an alteration to the Memorandum of Association (MOA). This change aims to expand the company's business by incorporating new objects, including extensive real estate development, construction, and property management activities. The company also adopted a new set of MOA and AOA in compliance with the Companies Act, 2013. The detailed disclosure regarding the alteration of the object clause is enclosed as an annexure.
Key Highlights
- Shareholders approved alteration of MOA to expand business scope.
- New objects include real estate development and property management.
- Company adopted new MOA and AOA as per Companies Act, 2013.
- The changes reflect proposed business dynamics and expansion.
Price Impact
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