The Company was originally engaged in the business of Manufacturing & Trading in Yarn, Art Silk & Grey Cloth. The Company has stopped manufacturing and other business activity for last several years. The new (existing) promoters intend to recommence the business activity of the Company and hence they have sought Members approval to insert enabling clauses /activities in the main object of the Company by altering the Memorandum of Association. The Members of the Company has approved the alteration of the Main Object clause of Memorandum of Association through Postal Ballot Notice dated September 15, 2012.