2. Re-appointed of Mr. Rajesh Ranka (DIN: 03438721) as a Chairman and Managing Director of the Company w.e.f 01.07.2025 for a period of 3 years, subject to the approval of shareholders of the Company.
MODTHREAD · price
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Modern Threads (India) Limited has re-appointed Mr. Rajesh Ranka (DIN: 03438721) as Chairman and Managing Director of the company for a period of 3 years, effective from 1st July 2025. The re-appointment is subject to the approval of the shareholders of the company. Mr. Ranka was previously serving in the same role, indicating continuity in leadership.
This re-appointment signals leadership continuity at the top of the company and is largely a procedural event. Subject to shareholder approval, it should have minimal immediate impact on the stock, though it reassures investors about stable management going forward.