Announcement under Regulation 30(LODR) -Change in Management as PDF attached.

Management Changes View source PDF Explain this filing

Price

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Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹26.86

prior close

₹27.03

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+3.2%+0.2% vs market

Civil Construction peers, median of 83sector+2.9%+0.5% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.5 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.3

15m

+0.3

30m

+3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+3.2+0.2+2.9+0.5

Next day

+3.1+4.1-1.0+3.9-0.8

+2.4+4.9-2.5+4.1-1.7

-0.1+6.4-6.6+6.4-6.5

-0.2+7.3-7.6+6.2-6.4

+0.5+7.3-6.9+6.4-5.9

+0.3+4.9-4.6+4.0-3.6

15d

-12.1+1.6-13.7-1.2-11.0

-5.1+10.8-15.8+8.0-13.0

-9.3+17.0-26.2+10.9-20.2

-13.1+20.2-33.3+11.7-24.9

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 83Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Modulex Construction Technologies has appointed two new Additional Non-Executive Independent Directors at a Board meeting held on April 15, 2025. Mr. Parag Mehta, a Chartered Accountant with over 40 years of experience in mergers, acquisitions, tax planning and business advisory, joins the board. Major General MN Devaya (Retd), with 37 years of experience in construction engineering, combat engineering and project planning, and an M.Tech from IIT Delhi, is the second appointee. Both directors have been appointed for a five-year term starting April 15, 2025 until April 14, 2030, subject to shareholder approval. The filing confirms neither appointee is related to any existing promoter or director, and neither is debarred from holding a director position by any authority.

Likely market impact

The addition of two experienced independent directors strengthens the board's expertise in finance, construction engineering and governance. This is a routine governance move with no direct impact on share price, though it signals active board renewal at the company.