BSEModipon LtdHighNeutral
Announced Fri, 29 May · 18:44 IST

Intimation under regulation 30 of SEBI Listing Regulations

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹44.00
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+4.8+8.9+9.1+13.2+6.7-0.8
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AI summary

Modipon Limited's Board meeting on May 29, 2026 approved two items. First, the appointment of M/s Vasu Bansal & Co., Chartered Accountants, as Statutory Auditors for five years, replacing M/s B.M. Chatrath & Co. LLP after completion of their two consecutive terms as mandated under the Companies Act, 2013. The appointment is subject to shareholder approval at the 59th AGM. Second, the Board changed the designation of Mr. Vineet Kumar Thareja from Compliance Officer, CFO and Company Secretary to Chief Compliance Officer, CFO & Company Secretary, effective May 29, 2026, with no change in remuneration or responsibilities.

Likely market impact

The auditor change reflects routine statutory rotation after two consecutive terms, which is a regulatory compliance exercise and not indicative of any dispute or concern. The designation change is administrative and has no financial or operational impact.