Modi Rubber Limited has informed the Exchange about Resignation of Director/KMP/SMP
MODIRUBBER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Tarun Agrawal has tendered his resignation as an Independent Director of Modi Rubber Limited, effective May 15, 2026. The resignation was submitted due to personal reasons and other professional commitments. As an Independent Director, Mr. Agrawal was also a member of all Board Committees, and his resignation means he ceases to hold those positions as well. The company has confirmed that Mr. Agrawal has provided written confirmation that there are no other material reasons behind his resignation other than those stated. The filing is made pursuant to Regulation 30 of the SEBI Listing Regulations.
The resignation of an Independent Director may raise governance concerns for investors, as Independent Directors play a key role in board oversight. The company has not announced any immediate replacement, which could temporarily affect board independence and decision-making balance.