Members Approve Alteration of Memorandum of Association to Align with Companies Act, 2013
Members approved altering the Memorandum of Association to bring it in line with the Companies Act, 2013 (earlier based on the 1956 Act), including re-numbering and re-arrangement of clauses.
- Approval Date
- September 29, 2026
- Regulatory Framework
- Sections 4 and 13 of the Companies Act, 2013
- Document Updated
- Memorandum of Association
- Prior Framework
- Companies Act, 1956
- Business Impact
- No change in Main Objects or incidental/ancillary objects
What was approved
Members of the company, at their meeting held on September 29, 2026, approved the alteration of the Memorandum of Association (MOA) under Sections 4 and 13 of the Companies Act, 2013.
Why
- The existing MOA was framed under the erstwhile Companies Act, 1956.
- It has been altered and re-stated to conform with the Companies Act, 2013 and Schedule I thereto.
- Changes include consequential re-numbering, re-arrangement and amendments to clauses wherever required.
What stays the same
The company clarified there is no change in the Main Objects of the company, nor in the objects incidental or ancillary thereto.
How to read it
This is a housekeeping and legal-alignment step in the company's constitutional documents. It does not, by itself, alter the business the company is permitted to carry on.
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