Change in Management pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015

External CEO appointedManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-6.0%Reaction day

₹47.50

prior close

₹46.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-7.3% vs market

Civil Construction peers, median of 91sector+0.5%-6.4% vs sector

On the reaction day the stock moved 7.3 pts less than Nifty Microcap 250 and 6.4 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.9

10m

-2.9

15m

-2.9

30m

-2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.0+1.3-7.3+0.5-6.4

Next day

-10.7+1.0-11.7-0.4-10.2

-15.1+0.8-15.9-0.4-14.7

-19.3+0.5-19.8-0.4-18.9

-15.3+0.7-16.0-0.2-15.1

-11.1+1.4-12.5+0.2-11.3

-17.1-0.3-16.8-1.9-15.1

15d

-19.3+2.4-21.6-2.4-16.8

-22.1+3.6-25.7-1.4-20.7

-26.8-1.6-25.1-8.6-18.2

-25.7-1.5-24.2-8.3-17.4

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 91Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Modern Engineering and Projects Ltd announced key management changes approved at its 79th Annual General Meeting held on September 30, 2025. Mr. Fattehsingh Krishnrao Patil, a retired Inspector General of Police (Maharashtra) and currently CEO of Square Port Shipyard, has been appointed as Managing Director for a 3-year term ending February 2028. Mr. Ajit Sagane, a retired senior PWD engineer with experience in major infrastructure projects like Samruddhi Mahamarg and the Versova-Bandra Sea Link, has been appointed as Independent Director for a 5-year term. Additionally, M/s. Nidhi Bajaj & Associates has been appointed as Secretarial Auditor for five financial years (FY 2025-26 to FY 2029-30).

Likely market impact

The appointments bring in externally experienced professionals from policing and government infrastructure backgrounds, suggesting the company may be diversifying its leadership expertise. No resignations or governance red flags were reported, indicating continuity alongside new additions.