Announcement under Regulation 30 (LODR)- Change in Directorate as PDF attached.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Modulex Construction Technologies' Board, at its meeting on 15th April 2025, approved the appointment of two Additional Non-Executive Independent Directors: Mr. Parag Mehta (Chartered Accountant with 40+ years of experience in M&A, tax planning, and advisory) and Major General MN Devaya (Retd) (37 years of experience in construction engineering and project management, M.Tech from IIT Delhi with Gold Medal). Both have been appointed for a 5-year term from 15th April 2025 to 14th April 2030, subject to shareholder approval. The document confirms neither appointee is related to any existing Promoter or Director of the company, and neither is debarred from holding a directorship by SEBI or any other authority.
This is a routine governance update that strengthens the board with experienced independent directors, particularly relevant given the company's construction focus (Major General Devaya's background) and financial expertise (Mr. Mehta's CA background). No immediate material impact on stock price is expected; these appointments await shareholder approval.