Announced Wed, 29 Apr · 16:55 IST

Please find the attached outcome for the Board Meeting held on 29th April, 2026

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹43.40
prior close
₹45.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.1-7.1-5.9-0.5+0.5+2.4+3.7+2.6-3.2-6.8-24.9-30.1
Up moveDown movePending
AI summary

The Board of Directors of Modern Engineering and Projects Limited met on 29th April, 2026 to consider and approve routine business matters. The key item discussed was a revision in the remuneration payable to Mr. Jashandeep Singh, who is a Promoter of the company. This revision is subject to obtaining necessary approvals as may be required. The meeting lasted 40 minutes, commencing at 4:00 PM and concluding at 4:40 PM. The outcome was signed by Fattehsingh Krishnrao Patil, Managing Director.

Likely market impact

This is a routine matter concerning compensation adjustment for a promoter-KMP. It does not indicate any structural changes to the board or governance concerns. Shareholders should monitor for shareholder approval if required for the remuneration revision.