ALPHA TRIBE

National Oxygen LtdImportant, 04-08-2026: Company Update

04-08-2026 | 05:40 pm

National Oxygen Limited's Board approved preparations for its 51st Annual General Meeting (AGM). Shareholders will consider the Annual Report and new company documents (Memorandum and Articles of Association) to align with current company law. The Board also proposed the sale or disposal of certain assets at its Perundurai unit and liquid plant machinery at its Pondicherry unit. These significant asset disposals require shareholder approval. These steps aim to modernize company governance and potentially streamline operations by divesting specific assets, impacting the company's future structure and efficiency.

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