Airan Limited , a company listed on the National Stock Exchange (NSE: AIRAN) and BSE (Scrip Code: 543811), has taken a significant step towards aligning its corporate structure with current regulatory requirements. At the company's 30th Annual General Meeting (AGM) held on September 27, 2025, shareholders overwhelmingly approved the adoption of a new Memorandum of Association (MOA) to comply with the Companies Act, 2013.

Key Changes in the MOA

The revision of Airan's MOA involves several important modifications:

1. Restructuring of Object Clauses: The company has merged Clause III(C) 'Other Objects' with Clause III(B), streamlining its operational focus.

2. Renaming of Clause III(B): This clause has been retitled as 'Matters which are necessary for furtherance of the objects specified in Clause III(A)', providing clearer guidance on the company's auxiliary activities.

3. Updated Liability Clause: The liability clause now explicitly states that member liability is limited to unpaid amounts on shares held, enhancing transparency for shareholders.

Shareholder Approval and Voting Results

The special resolution for adopting the new MOA received strong support from shareholders:

Management's Perspective

Sandeepkumar Vishwanath Agrawal, Chairman & Managing Director of Airan, emphasized that the main business objects of the company remain unchanged. He stated, "The modifications to our MOA are solely for regulatory compliance and to align with the Companies Act, 2013 framework. This update ensures that our corporate structure reflects current legal standards while maintaining our core business focus."

Implications for Investors

While the changes to the MOA are primarily administrative, they demonstrate Airan's commitment to good corporate governance and regulatory compliance. The overwhelming shareholder support for this move indicates strong alignment between the company's management and its investors.

Other AGM Resolutions

In addition to the MOA adoption, the AGM saw the approval of several other resolutions, including:

1. Adoption of financial statements
2. Re-appointment of Mr. Abhishek Sandeepkumar Agrawal as a director
3. Appointment of M/s. SCS and CO. LLP as the Secretarial Auditor for five years
4. Re-appointment and remuneration approval for Mr. Sandeepkumar Vishwanath Agrawal as Chairman & Managing Director
5. Re-appointment and remuneration approval for Mrs. Poonam Sandeepkumar Agrawal as an Executive Director
6. Approval for giving loans, guarantees, or providing security under Section 185 of the Companies Act, 2013

All resolutions passed with significant majority, reflecting strong shareholder confidence in the company's governance and future direction.

The adoption of the new MOA marks an important milestone in Airan's corporate journey, ensuring its governance structure is fully aligned with current regulatory requirements while maintaining its core business focus.

Airan Limited , a company listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), has successfully obtained approval for the reclassification of four promoter shareholders to the public category. This strategic move has resulted in a slight shift in the company's shareholding structure, with implications for both promoter and public holdings.

Reclassification Details

The reclassification involves the following entities:

1. Sudeepkumar V Agrawal HUF
2. Sudeepkumar Vishwanath Agrawal
3. Vandana Sudeepkumar Agrawal
4. Kunchit Sudeepkumar Agrawal

As a result of this reclassification, a total of 1,65,000 shares, representing 0.13% of the company's equity, have been moved from the promoter category to the public category.

Impact on Shareholding Structure

The reclassification has led to the following changes in Airan Limited's shareholding pattern:

Regulatory Approval Process

Airan Limited initiated this process by submitting an application to both stock exchanges in October 2023. After careful consideration, the company received the necessary approvals from both exchanges:

• BSE Limited granted approval through letter LIST/COMP/AJ/337/2025-26 dated July 21, 2025.
• National Stock Exchange of India Limited (NSE) provided approval via letter NSE/LIST/342 dated July 21, 2025.

Compliance with SEBI Regulations

The reclassification was carried out in compliance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework governs the reclassification of promoters to public shareholders, ensuring transparency and fairness in the process.

Company's Disclosure

Airan Limited promptly informed the stock exchanges about the receipt of these approvals, adhering to the disclosure requirements under the SEBI LODR Regulations. The company's Company Secretary and Compliance Officer, Stuti Kinariwala, signed the intimation letter to the exchanges.

This reclassification marks a minor but noteworthy change in Airan Limited's shareholding structure, reflecting the company's commitment to regulatory compliance and transparency in its operations.