News Stocks Manoj Ceramic Limited Board Approves Amendment to Memorandum of Association for Business ExpansionManoj Ceramic Limited Board Approves Amendment to Memorandum of Association for Business Expansion
Manoj Ceramic Limited's board approved an amendment to the Memorandum of Association object clause on January 30, 2026, to expand into architectural, interior, and engineering services. The new sub-clause covers designing, space planning, consultancy, project management, and turnkey solutions for residential, commercial, and industrial establishments. The amendment is subject to shareholder approval via postal ballot and represents the company's strategic diversification initiative.
*this image is generated using AI for illustrative purposes only.
Manoj ceramic Limited's Board of Directors has approved a significant amendment to the company's Memorandum of Association, marking a strategic expansion into new business verticals. The decision was taken during the board meeting held on January 30, 2026, which commenced at 04:00 p.m. and concluded at 05:00 p.m.
Board Meeting Outcome
The board has approved the alteration of the object clause of the Memorandum of Association, specifically targeting the expansion of business activities that may benefit the company's operational growth. The amendment involves adding sub-clause 4 to the main Object Clause III A of the Memorandum of Association.
| Meeting Details: | Information |
|---|---|
| Date: | January 30, 2026 |
| Start Time: | 04:00 p.m. |
| End Time: | 05:00 p.m. |
| Approval Status: | Subject to shareholder approval |
| Approval Method: | Postal Ballot |
Proposed Business Expansion
The amendment introduces a comprehensive range of architectural and interior design services to the company's business scope. The new sub-clause encompasses various service offerings designed to diversify the company's revenue streams.
Service Portfolio
The proposed amendment allows the company to carry on business in India and abroad in the following areas:
- Architectural, interior, and engineering services
- Designing and interior decoration
- Space planning and layout design
- Aesthetic enhancement and allied activities
- Consultancy and advisory services
- Execution, contracting, and maintenance
- Project management and manpower supply
- Conceptual design and 3D visualization
- Selection of materials, furnishings, fixtures, furniture, lighting, and décor
Target Markets
The expanded services will cater to diverse establishment types:
- Residential properties
- Commercial spaces
- Industrial facilities
- Hospitality sector
- Retail establishments
- Roads and bridges infrastructure
- Other specialized establishments
Regulatory Compliance
The board's decision aligns with the provisions of Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed disclosure as required under SEBI regulations, ensuring transparency in the amendment process.
Next Steps
The proposed amendment is subject to shareholder approval, which will be sought through a postal ballot process. This method allows all shareholders to participate in the decision-making process regarding the company's strategic expansion into architectural and interior design services.
The amendment represents Manoj Ceramic Limited's strategic initiative to explore new business opportunities while leveraging its existing operational capabilities and market presence across multiple locations including Mumbai, Pune, Thane, Morbi, and Bangalore.
Historical Stock Returns for Manoj Ceramic
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +4.76% | -13.05% | -40.40% | -55.24% | +11.62% |
19
