Darjeeling Ropeway Company Ltd — Important, 25-11-2025: Company Update

Darjeeling Ropeway Company's board has approved a major strategic shift, proposing to expand its business into the defence sector. This involves updating its Memorandum of Association to include activities like manufacturing, designing, and providing services for various lethal and non-lethal defence equipment, sub-systems, and MRO services. These changes aim to broaden the company's operational scope. Shareholders will consider these proposed alterations at an upcoming Extra-Ordinary General Meeting via video conferencing.