Members approve alteration of Main Object Clause of the Memorandum of Association
Members have approved the alteration of the Main Object Clause of the Memorandum of Association.
- Meeting
- 8th Annual General Meeting held on Tuesday, September 29, 2026 at 04:00 P.M. (IST)
- Resolution Approved
- alteration of the Main Object Clause of the Memorandum of Association
- Clause Substitution
- existing Clause 3A is substituted with a new Clause 3A
- Scrutinizer Report Date
- September 30, 2026
- Next Step
- altered MOA will be submitted on receipt of requisite approval from appropriate regulatory authorities
An amendment to the company's charter
Members of the company have approved the alteration of the Main Object Clause of the Memorandum of Association (MOA).
- The approval came at the 8th Annual General Meeting held on Tuesday, September 29, 2026 at 04:00 P.M. (IST) through Video Conferencing / Other Audio-Visual Means.
- The company says the approval is based on the report of the Scrutinizer dated September 30, 2026.
- The letter to BSE (Scrip Code 543210) and NSE (Symbol AARTISURF) is dated October 1, 2026.
What has actually changed
The alteration is to Clause 3, Sub-clause A of the MOA. The existing Clause 3A is substituted with a new Clause 3A "after incorporating the additional words and corrections".
What the new objects clause says
The clause is a long enabling list. It describes the company as carrying on business as manufacturers, producers, processors, buyers, sellers, importers, exporters, stockists, agents, merchants, distributors, repackers and/or dealers in:
- basic drugs, dyestuffs, analytical chemicals, bulk drugs, pharmaceuticals, medicines, surfactants, speciality chemicals and allied chemicals, including fine chemicals, industrial and pure chemicals, organic and inorganic chemicals, aroma chemicals, and biological and biochemical products
- perfumes, toilet goods, detergents, food flavours, solvents, cosmetics, insecticides, pesticides, fertilizers, heavy chemicals, alkalis, acids, pigments, varnishes, paints, alcohols, dyes and colours, agrochemicals, petrochemicals, synthetics, resins and catalytic agents
- chemicals and chemical preparations used in or required for manufacturing, processing or formulating pharmaceuticals, drugs, enzymes, dyes, medicines and biological and biochemical products
It also covers manufacture, dealing, processing, formulation, development, distribution and marketing of such chemicals, their by-products, intermediates, derivatives, compounds, formulations and preparations, whether within or outside India.
Why this matters
The Memorandum of Association is the document that defines what a company is allowed to do. Widening the objects clause gives the company legal room to take up business lines it could not otherwise pursue.
The wording is permissive — the operative verb is "to carry on the business of", followed by what the company may manufacture, deal in or market.
What happens next
The company says it will submit a copy of the altered Memorandum of Association upon receipt of the requisite approval from the appropriate regulatory authorities.
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