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| Exchange Disseminated Time | Lumax Industries Ltd has informed BSE that the members of the Company by way of Postal Ballot have passed the Special Resolution for alteration of the existing Main Object Clause IV (A) of the Company, by adding the New Sub Clauses as 'IV(A) 3' and 'IV(A)4' after the existing Clause No. 'IV(A)2' in the following manners:
3. To Carry out the work and expend money on research, design and development; experimentation, testing, improving or seeking. to Improve existing products, processes, patents, rights, etc., in connection with any of its activities in pursuance of the aforesaid objects and to expend money to invent, develop, or seek, any new products allied to and in the course of pursuing the objects as detailed above.
4. To work, develop, license, sell or otherwise deal with any inventions in which the Company is interested whether as Owner; Licensee or otherwise, and to make, levy or hire any machinery required for making or desirable to be used as machines included in such inventions. |
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