This is in reference to your email dated 29th April, 2025 regarding incomplete information provided in the announcement concerning the appointment of Director of the Company. In this regard and in continuation of outcome of Board Meeting submitted on dated 14th November, 2024, we hereby submitting the revised announcement with complete details pertaining to the appointment of the Directors.
MODTHREAD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Modern Threads (India) Limited has resubmitted a revised announcement to the NSE regarding the appointment of Director(s) on its board. This follows an NSE email dated 29th April 2025 pointing out that the original disclosure (filed on 14th November 2024) had incomplete information. The company is now providing the full and complete details as required under listing rules. The revised filing corrects the earlier disclosure lapse flagged by the exchange. No new appointments or resignations are mentioned beyond what was originally disclosed in November 2024.
For shareholders, this is largely an administrative correction and signals that the company's earlier disclosure did not fully comply with NSE's requirements, which is a minor governance red flag. It is unlikely to have a material impact on the stock price but reflects weak compliance practices.