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Nakoda Group of Industries LimitedOthers, 27-03-2025: Amendment to AOA/MOA

27-03-2025 · 01:17 pm

The company has announced a board meeting to consider changes to its object clause, allowing entry into the non-alcoholic beverage segment, including flavored and sparkling water, among others. This expansion aims to capture new market opportunities in the beverage sector.

Additionally, a related party transaction with Mr. Jayesh Choudhary for the license use of the "NOCTRL" trademark was approved, set at a nominal royalty of Rs. 100 annually. The initiative should enhance operational flexibility and brand recognition while minimizing trademark registration costs.

This strategic move could present a positive outlook for investors as the company diversifies into a growing market, but they should consider potential risks associated with market entry and competition.

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