Modi Rubber Limited has convened its 313th Board of Directors meeting scheduled for May 29, 2026. The meeting will be held at the Corporate Office located at 4-7/C, DDA Shopping Centre, 4th Floor, New Friends Colony, New Delhi, starting at 12:00 Noon.

The primary agenda of the meeting is to consider and approve the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Along with the financial results, the board will also review the accompanying auditor reports.

Additionally, the directors will review the financial statements of the company's subsidiary and joint venture companies for the year ended March 31, 2026. This review is part of the standard regulatory compliance under SEBI (LODR) Regulations, 2015.

Board Composition

The board comprises key leadership figures and independent directors. The current members include:

Statutory Auditors

The company has appointed Mr. Abhishek Nahta from PNAM & Co, LLP as the Statutory Auditor. The internal audit functions are managed by Mr. J.S.Jassal of JRA & Associates, Chartered Accountants.

Modi Rubber Limited has informed the stock exchanges of the resignation of Mr. Tarun Agrawal from his position as Independent Director of the Company, with effect from May 15, 2026. The intimation was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Tarun Agrawal, who serves as a Senior Advocate, submitted his resignation letter dated May 15, 2026, which was received by the Company via e-mail at 15:52 PM (IST) on the same date. In his resignation letter addressed to the Board of Directors, Mr. Agrawal cited personal reasons and other professional commitments as the basis for his decision. He further confirmed that there are no other material reasons for his resignation beyond those mentioned.

The key details of the resignation disclosure, as required under the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are summarised below:

Board Committee Impact

As a consequence of the resignation, Mr. Tarun Agrawal will also cease to be a member of all Committees of the Board of Directors of Modi Rubber Limited with immediate effect from the date of cessation. The disclosure further notes that Mr. Agrawal does not hold directorships in any other listed entities, and accordingly, no committee positions in other listed companies are applicable.

Regulatory Compliance

The resignation intimation was filed by SK Bajpai, Head-Legal & Company Secretary of Modi Rubber Limited, in accordance with the applicable listing regulations. The Company has enclosed the letter of resignation received from Mr. Tarun Agrawal as part of the regulatory disclosure, along with the detailed Annexure I as mandated under the SEBI framework.