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

Darjeeling Ropeway Company Limited's Board has approved significant changes to its Memorandum of Association. This includes adopting a new MOA by updating and re-numbering its object clauses. Crucially, the company plans to expand its business activities by adding the manufacturing, design, and service provision for a comprehensive range of lethal and non-lethal defense equipment, including arms, military vehicles, aerospace, communication systems, and MRO services. These strategic shifts require shareholder approval, and an Extra-Ordinary General Meeting will be convened for this purpose.