Kanchi Karpooram Ltd Board Meeting Approves Memorandum Alteration Subject to Shareholder Vote
The Board of Directors of Kanchi Karpooram Ltd meeting on April 4, 2026, considered and approved several key corporate actions. The primary focus was the proposed alteration to the Company's Memorandum of Association.The proposed alteration involves inserting new sub-clauses 3 through 6 immediately following the existing two Main Object Clauses within Clause III (A). This change to the object clause is subject to the subsequent approval of the shareholders via a postal ballot conducted through remote e-voting.
Additionally, the Board approved the issuance of the postal ballot notice required to seek shareholder approval for this business alteration. The board also set the cut-off date for determining eligibility for remote e-voting and receiving the postal ballot notice via email as Wednesday, April 8, 2026.
The meeting of the Board of Directors commenced at 11:15 AM and concluded at 11:45 AM.
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