Appointment of Mr Ajay Kumar Jain (00097213) as non-executive Independent director of the company
MODIRUBBER · price
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Modi Rubber Limited has announced the appointment of Mr Ajay Kumar Jain as an Additional Director in the category of Non-Executive Independent Director, effective May 29, 2026. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors. Mr. Jain, a practicing advocate with over 40 years of experience, specializes in constitutional law, corporate affairs, insolvency, and commercial law. His appointment is for a term of 5 years and is subject to shareholder approval at the next General Meeting. He has confirmed he is not debarred from holding the director's office. Mr. Jain is not related to any existing director on the board.
This is a routine board composition change that strengthens the company's independent oversight. Shareholders will vote on his appointment at the upcoming AGM.