outcome of Board Meeting
MODIRUBBER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modi Rubber Ltd's Board of Directors held a meeting on May 29, 2026, at the corporate office in New Delhi from 12:00 PM to 02:20 PM. The Board approved the audited standalone and consolidated financial results for the fiscal year ended March 31, 2026, along with audit reports. The Board also reviewed the audited financial statements of 8 subsidiary/joint venture companies including Spin Investment, Superior Investment, Asahi Modi Materials, Gujarat Guardian, and others. A statement of investments and related party transactions for Q1 2026 (January to March 2026) was noted. Additionally, Mr Ajay Kumar Jain (DIN: 00097213) was appointed as an Independent Director for a term of 5 years.
The approval of annual financial results and appointment of an independent director indicates governance compliance. Related party transaction disclosures provide transparency for shareholders. No immediate material impact on stock price unless the financial results contain significant deviations from expectations.