Please refer the enclosed file
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Modipon Limited has sent the notice for its 58th Annual General Meeting scheduled for Tuesday, August 26, 2025 at 2:00 p.m. IST via video conferencing. The AGM will consider adoption of the FY 2024-25 financial statements, which show a loss after tax of Rs 66.16 lakhs and a negative net worth of Rs 9,174.51 lakhs, with turnover at zero. Key business items include re-appointment of Mr. Manish Modi as Chairman & Managing Director (with nil salary/commission, only perquisites), re-appointment of two independent directors, appointment of Ranjeet Verma & Associates as Secretarial Auditor for a 5-year term (Rs 50,000 remuneration for FY 2025-26), and approval of material related party transactions. The e-voting record date is August 19, 2025, with voting window from August 23 to August 25, 2025. The company's manufacturing operations have been shut since 2007, and its real estate development plans are sub-judice following a UP Government order.
No material positive catalyst — company continues to post losses with negative net worth and zero revenue. Shareholders holding shares as of August 19, 2025 (record date) are eligible to vote on key resolutions including MD re-appointment and related party transactions.