NCNCC500294Board key decisions

Board approves change to Objects Clause to add technology services and digital infrastructure

The Board of NCC Ltd has approved altering the Objects Clause of the company's Memorandum of Association (MoA).

By ScoutQuest · Thu 5 Nov 2026, 5:47 PM IST · 2 min read

Reappointment tenure

five (5) years from 1 April 2027 to 31 March 2032

Directors reappointed

Managing Director, Executive Director and Whole-time Director

Remuneration change

without any change in existing remuneration

What the board approved

• Alteration of the Objects Clause of the Memorandum of Association (MoA) to include new business activities relating to Technology Services, digital infrastructure and allied sectors.
• Adoption of a revised MoA, in compliance with the provisions of the Companies Act, 2013.
• Both steps are subject to the approval of the Members of the Company by way of a Special Resolution through Postal Ballot.
• The Postal Ballot Notice seeking Members' approval for the Objects Clause alteration and the three director reappointments was also approved. It will be sent to Members in due course.

What the Objects Clause is

The Objects Clause sits inside a company's Memorandum of Association and sets out the business activities the company is permitted to undertake. Adding new activities widens that permitted scope. In simple terms, the board has cleared the paperwork that would let the company formally pursue technology services and digital infrastructure related business, subject to shareholders voting in favour.

Directors reappointed

• Sri A A V Ranga Raju (DIN: 00019161) as Managing Director for a further period of five (5) years from 1 April 2027 to 31 March 2032, including continuation beyond the age of 70 years, not liable to retire by rotation, without any change in existing remuneration.
• Sri A G K Raju (DIN: 00019100) as Executive Director for a further period of five (5) years from 1 April 2027 to 31 March 2032, including continuation in office upon attaining the age of 70 years during the proposed tenure, liable to retire by rotation, without any change in existing remuneration.
• Sri J V Ranga Raju (DIN: 00020547) as Whole-time Director for a further period of five (5) years from 1 April 2027 to 31 March 2032, including continuation in office upon attaining the age of 70 years during the proposed tenure, liable to retire by rotation, without any change in existing remuneration.

Each of these reappointments is subject to Members' approval by way of a Special Resolution through Postal Ballot.

How to read this

• The Objects Clause change is an enabling step: it expands what the company is allowed to do, and the shareholders' vote through postal ballot is the next gate.
• The reappointments keep the existing leadership structure in place for another five (5) years from 1 April 2027, with remuneration unchanged.
• The same board meeting also took on record the unaudited financial results (standalone and consolidated) for the quarter and half year ended 30 September 2026, which were reviewed by the Audit Committee and approved by the Board, with limited review reports from the statutory auditors.

The board meeting commenced at 2.15 p.m. and concluded at 3.45 p.m.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev