MODTHREADNSEModern Threads (India) Limited· -MinimalNeutral
Announced Sat, 28 Mar · 12:31 IST

Modern Threads (India) Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

MODTHREAD · 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
-5.0%1-day move
₹46.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.0-0.3+1.1-0.8+5.4+1.6+3.2+0.0+6.0
Up moveDown movePending
AI summary

Modern Threads (India) Limited conducted a postal ballot (through remote e-voting) to seek shareholder approval for appointing Mr. Prabodh Kumar Nahar (DIN: 11457800) as a Whole-time Director designated as Executive Director. The e-voting window ran from February 26 to March 27, 2026, with NSDL acting as the e-voting platform. The resolution was passed with overwhelming support: 53 members voted in favour with 2,26,63,080 votes (99.9998%), while only 2 members voted against with just 38 votes (0.0002%). No votes were invalid or abstained. The scrutinizer, R.K. Jain & Associates (Practicing Company Secretaries), submitted the report on March 28, 2026, confirming the special resolution was passed with the requisite majority.

Likely market impact

This is a routine governance filing confirming the appointment of a new Whole-time/Executive Director with near-unanimous shareholder backing. No material impact on stock price is expected; it simply completes the formal appointment process.