Pharmexcil schedules EGM for September 25, 2024 to adopt new Articles of Association
Posted on September 19, 2024 Updated on September 15, 2024
![]() The EGM’s primary agenda is the adoption of the model Articles of Association/bye-laws. The move comes after the Ministry of Commerce’s proposal to streamline the Articles of Association of various Export Promotion Councils under a uniform framework. A committee appointed by the Union Commerce Ministry reviewed and discussed the matter with the Councils, ultimately recommending a model set of Articles to be adopted. This was communicated in their letter dated July 25, 2024 (F.No.13/3/2023-E&MDA-DoC (Part (I))). Commenting on the importance of this meeting, K Raja Bhanu, director general (DG) of Pharmexcil, stated, “The adoption of the model Articles of Association marks a significant step towards aligning Pharmexcil with the broader vision of the Ministry of Commerce. This move will streamline our operations and bring uniformity across Export Promotion Councils. It is critical for all our members to participate in this process as their input and approval are essential for finalizing this transition. The associated documents have been sent to members for review and consideration ahead of the meeting.” Pharmexcil has provided a registration link for members who wish to attend virtually. Interested participants can register by filling out the Google Form at this link to receive the meeting link. Registered participants will receive their virtual access details on 23rd September 2024. Raja Bhanu emphasized the convenience of the hybrid mode, saying, “We understand the busy schedules of our members, which is why we are offering both in-person and virtual attendance options. We encourage all members to register for the meeting, ensuring their voices are heard as we adopt these significant changes. Members are urged to carefully review the documents provided and attend the meeting to ensure the adoption of the new Articles aligns with the best interests of the Council.” |
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