Members approve adoption of new MOA and AOA, replacing the existing ones in full
Prima Industries has adopted a new set of Memorandum of Association (MOA) and Articles of Association (AOA).
- AGM Held
- 32nd Annual General Meeting held on Monday, 28th September, 2026
- Approval Type
- Special Resolution approving adoption of new set of MOA and AOA
- Reason for Change
- Existing MOA and AOA framed under Companies Act, 1956; new set aligned with Companies Act, 2013
What the company informed the exchange
Prima Industries has informed the exchange that the Members of the Company, at the 32nd Annual General Meeting held on Monday, 28th September, 2026, approved the adoption of a new set of Memorandum of Association (MOA) and Articles of Association (AOA). The approval was given by way of a Special Resolution.
What exactly changed
- The existing MOA and AOA have been substituted and excluded in their entirety.
- A new set of MOA and AOA takes their place, adopted in substitution of and to the entire exclusion of the existing documents.
- The adopted new set of MOA and AOA is available on the company's website at www.primaindustries.in.
Why the change was made
The existing Memorandum of Association and Articles of Association of the Company were framed under the provisions of the Companies Act, 1956. The new set aligns the Company's constitutional documents with the provisions of the Companies Act, 2013, the rules made thereunder, including the applicable provisions of Table F contained in Schedule I to the Companies Act, 2013, and other applicable statutory and regulatory requirements.
The sequence of approvals
- The Board of Directors approved the proposal for adoption of the new set of MOA and AOA on 31st July, 2026.
- The Members approved it on 28th September, 2026, by way of a Special Resolution at the 32nd Annual General Meeting of the Company.
What the MOA and AOA are
These are a company's core constitutional documents. The Memorandum of Association sets out the company's basic charter, such as its objects and scope of activity, while the Articles of Association govern its internal rules, including how board and shareholder meetings are conducted and how share-related matters are handled. Replacing them with a set aligned to the current Companies Act is a change to the company's governing rulebook.
What this means for a reader
This announcement concerns the Company's constitutional documents rather than any transaction in its shares. Shareholders who want to see the exact clauses can read the adopted new set of MOA and AOA on the Company's website.
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