Ampvolts Ltd — Important, 26-11-2025: Company Update

Ampvolts Limited's Board has approved significant changes to its Memorandum of Association, adding new object clauses. This strategic update enables the company to formally enter the electric vehicle (EV) sector. The new business scope includes providing comprehensive repair, servicing, and maintenance for EVs, covering cars and other automotive products. Additionally, Ampvolts will engage in retrofitting internal combustion engine vehicles with battery-powered electric powertrains. This move, pending shareholder approval, positions the company to tap into the growing market for EV services and conversions, potentially creating new revenue streams and aligning with future automotive trends.