Vivanta Industries shareholders approved the adoption of a new set of Memorandum of Association (MOA) and Articles of Association (AOA) during the company's 13th Annual General Meeting held on September 30, 2026. This corporate governance update aligns the company's constitutional documents with the provisions of the Companies Act, 2013.

Alignment with Companies Act, 2013

The existing MOA was based on the erstwhile Companies Act, 1956. The new MOA brings the object clause and liability clause in line with Table A of Schedule I of the new Act. Notably, there is no change in the main objects of the company; Clause III (A) sub-clauses 1 to 3 remain unchanged. The existing 'Objects Incidental or Ancillary' clause has been replaced by 'Matters which are necessary for furtherance of the Objects' containing 99 sub-clauses.

Similarly, the new AOA is based on Table F of the Act, which sets out the model articles for a company limited by shares. It incorporates references to amended sections of the Act and Secretarial Standards issued by the Institute of Company Secretaries of India.

Meeting proceedings and attendance

Hemant A. Parikh, Chairman and Managing Director, presided over the meeting after confirming the requisite quorum was present. The session complied with the Companies Act, 2013, SEBI Listing Regulations, and MCA circulars regarding virtual meetings. Attendees included Non-Executive Director Jainil R. Bhatt, Independent Directors Nidhi Bansal, Mukesh Kanazariya, and Rushabh A. Shah, along with Chief Financial Officer Vikas Patel and Company Secretary Devang Shah.

Vikas Patel briefed members on the company's financial performance for FY26 and its future prospects. Statutory Auditor CA Mitt S. Patel from M/s. G M C A & Co. and Secretarial Auditor Jitendra Parmar were also present.

Voting and resolution items

Shareholders exercised their voting rights through the NSDL e-voting system. The remote voting window opened on September 27, 2026, and closed on September 29, 2026. Jitendra Parmar served as the scrutinizer for both remote and live e-voting. The combined results are scheduled for announcement within 48 hours of the meeting's conclusion.

The following items were placed before shareholders for approval:

Governance updates

The Chairman confirmed that all feasible efforts were made to enable member participation. The meeting commenced at 4:00 pm and concluded at 4:19 pm. The company secretary noted that statutory registers were available for electronic inspection during the AGM.

Vivanta Industries has closed its trading window for dealing in company securities starting October 1, 2026. The closure remains in effect until 48 hours after the declaration of standalone and consolidated financial results for the quarter ended September 30, 2026.

This action complies with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The restriction applies to promoters, directors, key managerial personnel, designated persons, connected persons, and their immediate relatives.

Regulatory compliance and restrictions

The trading window closure is mandated under Clause 4(2) of Schedule B read with Regulation 9 of the SEBI regulations. It also adheres to SEBI Circulars issued in August 2022 and July 2023 regarding the monitoring of insider trading. All designated persons are advised against entering into any transactions involving the company's securities during this period.

Board meeting schedule

The date for the Board Meeting to approve the financial results for Q2FY27 will be announced in due course. Investors should await further intimation from the company regarding the specific board meeting date.

Key details of the closure