OsiAjee Texfab Limited Board Approves Memorandum of Association Amendments for Business Expansion

OsiAjee Texfab Limited announced significant corporate developments following its Board of Directors meeting held on January 5, 2026. The board approved amendments to the company's Memorandum of Association, marking a strategic expansion of its business objectives under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcomes

The board meeting, which commenced at 5:30 PM and concluded at 6:15 PM, addressed several key agenda items related to corporate restructuring and business expansion.

Meeting Details:	Information
Date:	January 5, 2026
Start Time:	5:30 PM
End Time:	6:15 PM
Regulation:	SEBI LODR Regulation 30
Approval Required:	Shareholder special resolution via postal ballot

Memorandum of Association Amendments

The board approved the addition of three new clauses to the Main Objects under the Objects Clause of the Memorandum of Association. These amendments will be inserted as Clause 2 to Clause 4 after the existing Clause 1 in the Main Object Clause (III)(A).

New Business Objectives

The proposed amendments significantly expand the company's operational scope across multiple sectors:

Real Estate Development and Investment:

Purchase of land, plots, and immovable properties
Development and construction of residential and commercial complexes
Partnership opportunities with individuals, corporations, or firms
Capital mobilization through various financial instruments including loans, debentures, and securities

Property Trading Operations:

Purchase and resale of land, houses, and immovable properties
Creation and management of freehold and leasehold ground rents
Trading in various property types and tenure arrangements

Interior Design and Decoration Services:

Comprehensive interior decoration and design solutions
Services spanning homes, offices, and public spaces
Specialized offerings including lighting, flooring, fabric installation, and window treatments
Advanced services covering interior architecture, product design, urban planning, and facility management

Regulatory and Administrative Approvals

The board addressed the necessary regulatory framework for implementing these changes:

Approval Process:	Details
Shareholder Approval:	Special resolution via postal ballot
Legal Framework:	Section 13 of Companies Act, 2013
Scrutinizer:	JPM & Associates LLP, Company Secretary in Practice
Location:	Ludhiana
Process Type:	E-voting/ballot process

Corporate Governance Compliance

The company demonstrated adherence to regulatory requirements by appointing JPM & Associates LLP as the scrutinizer for conducting the e-voting process in a fair and transparent manner. The postal ballot notice, along with the explanatory statement, received board approval to facilitate shareholder participation in the decision-making process.

These amendments reflect the company's strategic vision to diversify its business portfolio beyond its current operations, positioning itself in the growing real estate and interior design markets. The comprehensive nature of the proposed business activities indicates a significant expansion strategy that requires careful shareholder consideration through the formal postal ballot process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.00%	+16.40%	+16.56%	+57.32%	+747.26%	+1,361.87%

Osiajee Texfab Limited , a textile manufacturing company, has reported a robust financial performance for the second quarter ended September 30, 2025. The company's consolidated net profit surged to Rs. 171.02 lakh, marking a significant improvement in its operational performance.

Key Financial Highlights

Particulars (in Lakhs)	Q2 2025	Q2 2024	H1 2025	H1 2024
Revenue from Operations	168.62	76.06	248.47	76.06
Other Income	39.33	1.17	42.51	1.17
Total Income	207.95	77.23	290.98	77.23
Net Profit	171.02	39.68	210.64	39.68

Revenue Growth and Profitability

Osiajee Texfab witnessed a substantial increase in its revenue from operations, which rose to Rs. 168.62 lakh in Q2 2025, compared to Rs. 76.06 lakh in the same quarter of the previous year. This represents a year-on-year growth of approximately 121.7%.

The company's total income for the quarter stood at Rs. 207.95 lakh, up from Rs. 77.23 lakh in Q2 2024, indicating a robust growth of about 169.3%.

Half-Year Performance

For the half-year ended September 30, 2025, Osiajee Texfab reported a consolidated profit of Rs. 210.64 lakh. The total income for H1 2025 reached Rs. 290.98 lakh, compared to Rs. 77.23 lakh in H1 2024, representing a substantial year-on-year growth of approximately 276.8%.

Board Approval and Audit Review

The company's board of directors approved the unaudited standalone and consolidated financial results in a meeting held on November 14, 2025. These results have been subjected to a limited review by the statutory auditors of the company, as per regulatory requirements.

Segment Information and Subsidiary Performance

Osiajee Texfab operates in a single segment, and therefore, no segment-wise figures were published. The consolidated financial results include the performance of its wholly-owned subsidiary, Osiajee Agro Farms Limited, which was incorporated on September 29, 2021, in Hoshiarpur, Punjab.

Balance Sheet Highlights

As of September 30, 2025, Osiajee Texfab's consolidated balance sheet showed:

Total Assets: Rs. 2,335.14 lakh
Total Equity: Rs. 1,707.35 lakh
Non-Current Liabilities: Rs. 317.10 lakh
Current Liabilities: Rs. 310.69 lakh

Conclusion

Osiajee Texfab Limited's Q2 2025 results demonstrate a strong financial performance with significant growth in revenue and profitability. The company's improved operational efficiency and the inclusion of its subsidiary's performance have contributed to this positive outcome.