STOCKWATCH

Rajasthan Gases Ltd Alters MOA & AOA for Business Diversification and General Trading

Rajasthan Gases Ltd has altered its Memorandum of Association (MOA) and adopted a new set of Articles of Association (AOA) to diversify into general trading and services. The alterations include changing the name, dealing in various goods, products, and commodities, and engaging in Futures and Options trading. The amended MOA and new AOA are subject to necessary approvals from regulatory authorities.

• Rajasthan Gases Ltd has altered its MOA to change the name and diversify into general trading and services.
• The company will deal in various goods, products, and commodities, both wholesale and retail.
• Rajasthan Gases Ltd will engage in Futures and Options trading, including the purchase and sale of contracts, options, and other derivative instruments.
• The amended MOA and new AOA are subject to necessary approvals from the Ministry of Corporate Affairs, shareholders, Stock Exchange, and other regulatory authorities.
• The new AOA is based on 'Table-F' of the Companies Act, 2013, and aligns with the provisions of the Act, Secretarial Standards, and other applicable laws.