Modi Rubber Limited has informed the Exchange about General Updates
MODIRUBBER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Tarun Agrawal, Independent Director of Modi Rubber Limited, has tendered his resignation effective May 15, 2026, due to personal reasons and other professional commitments. He has also ceased to be a member of all Board Committees with immediate effect. The company confirmed receipt of his resignation letter dated May 15, 2026, submitted at 15:52 PM. Mr. Agrawal has provided written confirmation that there are no material reasons for his resignation other than those stated. This is a routine compliance intimation under SEBI Listing Regulations (Regulation 30).
The departure of an Independent Director could raise minor governance questions for investors, though the cited personal reasons and confirmation of no undisclosed issues suggest no immediate concern. The stock may see limited reaction given it's a single resignation with stated personal grounds.