Announced Tue, 30 Sept · 16:17 IST

Intimation under Regulation 30 of SEBI (LODR) , Regulations, 2015 for Completion of tenure of Mrs. Rakhee Agarwal as an Independent Director of the Company.

Management Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mrs. Rakhee Agarwal (DIN: 08081921) has completed two consecutive terms as an Independent Director on the Board of Modulex Construction Technologies Ltd and consequently ceased to hold the position with effect from the close of business hours on 30th September 2025. Under SEBI rules, independent directors can serve a maximum of two consecutive five-year terms, so this is a natural end of her tenure rather than a resignation. The Board has recorded its appreciation for her contributions during her association with the company. The filing was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

This is a routine, regulatory-driven change with no material impact on the company's operations or financials. Shareholders should watch for any subsequent announcement regarding the appointment of a replacement Independent Director to fill the vacancy on the Board.