Announced Tue, 27 May · 16:46 IST

Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Reconstitution of Audit Committee.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Modulex Construction Technologies Ltd reconstituted its Audit Committee at a meeting held on 27th May 2025. The reconstituted committee comprises Mr. Parag Mehta (Chairman, Non-Executive Independent Director), Mrs. Rakhee Agarwal (Member, Non-Executive Independent Director), and Mr. Jayesh Sheth (Member, Executive Director). The committee retains a majority of independent directors, in line with SEBI's corporate governance norms for listed companies. The disclosure has been filed with BSE under Regulation 30 of the SEBI Listing Regulations.

Likely market impact

This is a routine governance update with no material impact on shareholders. Maintaining two independent directors on the Audit Committee supports compliance and oversight standards, which is neutral to mildly positive for governance quality.