Thirumalai Chemicals Limited — Others, 14-07-2025: Amendment to AOA/MOA
14-07-2025 | 11:52 pm
14-07-2025 | 11:52 pm
Thirumalai Chemicals' shareholders have approved an amendment to the company's Articles of Association. A new Article 73A has been inserted, removing existing restrictions on the transfer of debentures issued by the company, especially those linked to financing documents. This change aims to enhance the marketability and liquidity of the company's unlisted debentures. This move simplifies the transferability of the company's debt instruments, which could improve their appeal to investors and provide greater flexibility for the company in managing its unlisted debt.
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