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Gujarat Natural Resources Limited to expand business opportunities into commodities trading and real estate development
Gujarat Natural Resources Ltd has approved amendments to its Memorandum of Association to enter commodities trading and real estate development. The move aims to diversify business operations across metals, energy products, and property development segments.
The Board of Directors of Gujarat Natural Resources Ltd has approved amendments to the company’s Memorandum of Association on January 30, 2026 with the addition of two new business objects. The first object added consist of commodities trading operations including metals, bullion, minerals, energy products, and agricultural commodities through various financial instruments.
Secondly, the object will be added are real estate development and construction activities covering, residential, commercial, industrial, and infrastructure projects.
According to the exchange filing, new objects shall be inserted in the Main Object Clause of the Memorandum of Association of the Company by inserting Clause no. Ill [A] (8) & (9) as under:
Secondly, the object will be added are real estate development and construction activities covering, residential, commercial, industrial, and infrastructure projects.
According to the exchange filing, new objects shall be inserted in the Main Object Clause of the Memorandum of Association of the Company by inserting Clause no. Ill [A] (8) & (9) as under:
To carry on the business of development, redevelopment, construction, reconstruction, renovation, remodelling, planning, designing, executing, implementing and undertaking of real estate and construction projects, including residential, commercial, industrial, institutional, infrastructure and mixed-use projects, whether new developments or redevelopment of existing buildings, structures or properties, on owned, leased, licensed or otherwise acquired land or premises, and to act as developers, builders, contractors or project managers, in India or abroad.