Al-Roudhan Holding approves addition of Article (74) to its Articles of Association

Published on almowazi.com on 26 October 2025
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Al-Roudhan Holding Company announced that its Extraordinary General Assembly, held on October 20, 2025, approved the addition of Article No. (74) to its Articles of Association, which reads as follows:

-    The Board of Directors shall have the authority to carry out all actions required for managing the company in accordance with its objectives, and such authority shall only be limited by what is stipulated by law, the company’s contract, or resolutions of the General Assembly.

-    The company’s contract shall specify the extent of the Board’s powers regarding borrowing, mortgaging the company’s properties, providing guarantees, arbitration, settlements, and donations.

Assemblies

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